Airbnbust Fears Show Airbnb, Brief-Time period Trip Leases Face a Reckoning
Nick Sullivan was dealing with a sudden squeeze. For the previous few years, his two Airbnb properties round Charlotte, North Carolina, had generated as a lot as $7,000 a month in income, which he and his spouse stashed away for retirement. However this previous fall, that revenue was slashed in half: Bookings dropped, his properties…