2min chapter

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Is the Housing Correction Over? (EP.315)

Animal Spirits Podcast

CHAPTER

The Impossibility of Losing Money on Airbnb

"There's just no way," he says. "It's impossible that you could lose that much money on these when everything has been going so on." He points to a Financial Times report showing how office real estate in New York is selling for less than the value of the land they sit on. Ben: If all the people that bought multiple homes in the last two years sold them on Airbnb, you know what happened? They would get bought. That's what would happen. And it hasn't happened.

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