Sunday, May 3, 2020

Coronavirus pandemic leads to cratering of Airbnb bookings, setting U.S. up for another housing bust like the "Great Recession"

(Natural News) The development of the Airbnb concept was touted as the next wave in the hospitality industry, driven by a Silicon Valley-powered network and good old-fashioned principles of capitalism. Would-be entrepreneurs borrowed money to buy new properties they could ‘rent out’ as the virtual bed-and-breakfast idea took flight.  “At first it works. Your properties...


from NaturalNews.com https://ift.tt/2WsjyAy

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