Independent thinking for complex markets and current events
Here’s the REAL reason Airbnb is collapsing — and it’s not what most people think. In this video, we break down what’s actually going wrong with Airbnb, why hosts are struggling, and why guests are turning away in record numbers. From hidden fees and rising costs to stricter regulations and changing travel behavior, the Airbnb …
House Party. Bath Township Ohio. 9 injured, including kids, in shooting Sunday during party at Airbnb home in Bath. Crime scene. Armed suspects wanted. BATH TOWNSHIP, Ohio — Police are investigating a shooting at a large party at an Airbnb in Bath Township that left nine people injured. According to Bath Police Chief Vito Sinopoli, …
AIRBNB bookings are crashing. Even the highest rated properties like the one below 💀 https://t.co/AGH0bpawle — QE Infinity (@StealthQE4) January 29, 2025
AirBnB host wants $3,000 to replace a couch… byu/Vegetable_Earth_1319 inmildlyinfuriating Hi all, I recently stayed at an AirBnB with some friends as an unofficial memorial for a friend who had passed away. We had more guests there than we were authorized, but nothing wild. Unfortunately, I spilled some sauce on one of the couches. I …
Tennessee has recently experienced its largest drop in hotel tax revenue since the COVID-19 pandemic. This decline raises concerns for Airbnb and the short-term rental market, potentially signaling decreased demand. Economic factors, shifting travel trends, and competition from traditional hotels may be contributing to the reduced revenue, hinting at challenges for the state’s tourism and …
The local government is offering a real estate investor $10,000 a month to rent his Airbnb property to illegal aliens. He is considering the deal, as it would provide him with more than four times his usual income if he rents it long-term. Our tax dollars are being used by the… pic.twitter.com/12h12FspWV — I Meme …
I was looking at booking my stay this upcoming winter at an Air BNB – the rate was high, but then as I was looking at the entire bill and the cleaning fee alone was 1K. 40% + in fees and cleaning !?! Hard Pass — THELumberGuru (@THELumberGuru) August 28, 2024
Startup companies like Uber Lyft and Airbnb were all founded during the aftermath of the great financial crisis of 2008. And for a long time, these companies had a really good run because their venture capital backers were essentially subsidizing the price of their services making it extremely affordable for people who are already on …
https://archive.ph/N2l6J The homeowner was warned by the city multiple times, and he responded by saying he doesn’t see how the city can tell him what to do with his property. Then he tried to create an LLC as if that would put him above the law. Whining that the $55k fine would bankrupt him didn’t …
via JOHN RUBINO The current housing bubble features three new players, all of whom are about to switch from “buy/hold” to “panic sell.” They are: Boomers forced by declining health and/or shrinking stock portfolios to sell their McMansions. Wall Street private equity “landlords” who gorged on houses and apartment buildings (sometimes buying up entire neighborhoods …
Airbnb shares dropped 14% in after-hours trading after the company reported second-quarter earnings that missed analyst expectations and warned that it’s seeing signs of slowing demand from U.S. customers. Here’s how the company did compared to LSEG estimates for the quarter ended June 30: Earnings per share: $0.86 versus $0.92 expected. Revenue: $2.75 billion versus …
If you stay in an airbnb or a hotel, you probably don’t think twice about the amenities offered. Perhaps you’ll brew and enjoy complimentary coffee from the coffee maker, or binge a series on a streaming service that’s been paid for , but you might not realize that one convenience you’ve been provided with might …
https://twitter.com/MarioNawfal/status/1801369116046975394
“Claiming foreseeable weather events leading governemt travel restrictions or large scale utility outage” Message from AirBnB:- “expect Governments restricting travel after June 6th 2024 “Claiming foreseeable weather events…..leading to a Government travel restriction or large scale utility outage” Fascinating if legit. pic.twitter.com/MY3aD31h1F — Concerned Citizen (@BGatesIsaPyscho) April 26, 2024 https://twitter.com/_/status/1783960234324549977 Interesting they chose the 80th …
Florida’s Housing Market has hit an inflection point in 2024. Where inventory and new listings are surging, in part due to a big selloff from Airbnb investors happening in cities like Orlando, Tampa, and Miami. These Airbnb investors bought in Florida’s real estate market during the bubble in 2021 and 2022. But now many are …
TALLAHASSEE — A persistently contentious debate about regulating vacation rentals has escalated into a clash between two powerful industry groups after the Florida Legislature passed a measure that would significantly restrict how local governments can oversee the properties. The bill, finalized in the waning days of the 2024 legislative session, has drawn intense opposition from …
As the housing crisis deepens, the corrosive impact of Airbnb on communities becomes increasingly evident. With over 1,000 San Diegans falling into homelessness each month, the question arises: How many Airbnb properties sit empty, exacerbating the crisis? Complicating matters further is a colossal loophole in the ordinance meant to regulate short-term rentals (STRs). While cracking …
The allure of short-term rentals like Airbnb can be tempting, but a new owner recently faced a harsh reality. Despite her property being consistently booked, the financial picture told a different story. New AIRBNB owner was advised to sell her property after only 4 months because even though it was completely booked she was losing …
“The Airbnbust has been localized And there’s been a bit of an Airbnbailout via systemic liquidity injections throughout 2023 that I (and many others) didn’t anticipate But, defying the odds in the face of NO recession, some markets still went Bust!” The Airbnbust has been localized And there’s been a bit of an Airbnbailout via …
Its a money grab like any other tax. F*ck them, smart people will work around it. via MSN: Dec. 1—Delaware County Council is considering a 3% tax on Airbnb operators and others in the short-term rental business, something hotels have been paying for years. Last month, county council had a first reading to amend the …
They know pic.twitter.com/y8yh6PPLRb — Life curious 🤔 (@ThelifeCurious) December 2, 2023 Pending home sales in the US have moved down to their lowest level since April 2020, a month where much of US economy was shut down. The housing market is frozen. pic.twitter.com/tg5dDVL24H — Charlie Bilello (@charliebilello) November 30, 2023 Car payments now look like …
by stockocean There are a lot of insider sales on ABNB over the last year… $1.22bn sold this year with 0 buys. Supposedly these are a part of a 10b5-1 plan (scheduled selling) but these filings are so often manipulated (non-public disclosure on size and it’s non-binding) that I don’t place much trust into “scheduled …
We told readers in late July, “Why AirBnB Owners Are About To Be Forced Property Sellers.” Then, one month later, in late August, we wrote “The AirBnB Bubble Popping Will Pop The Housing Bubble,” followed by “AirBnB Bubble Bursts: Investor Home Purchases Crash 45% In Biggest Drop Since 2008.” Airbnb owners who snapped up homes in the last several years …
https://www.youtube.com/watch?v=Ib5Yds-uj9U “When Elizabeth Hirschhorn’s Airbnb stay ended in April 2022, she simply didn’t move out. She’s been living there rent-free ever since, and she refused to budge unless Jovanovic paid her a relocation fee of $100,000,” Her attorney (said) “she was not required to pay rent because the city had never approved the unit for …
