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by nostromo
5505 days ago
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I'm curious how well Airbnb is doing outside of New York. New York's real-estate market is so out of whack it strikes me as fertile ground for p2p hotel rooms. One example: I wonder how many people are renting out rent-controlled apartments on Airbnb at a huge profit, while the owner maintains the unit at a loss? |
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Then I believe they claim about 5k rooms/night total, which means that >40% of their global business is NYC.