Godlike Productions - Discussion Forum
Users Online Now: 1,328 (Who's On?)Visitors Today: 376,046
Pageviews Today: 567,060Threads Today: 211Posts Today: 2,734
06:38 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Here's Where Real Estate Market Starts To Tank.

 
WaitTressSandwhich
Offer Upgrade

User ID: 78846383
United States
05/12/2020 11:31 AM
Report Abusive Post
Report Copyright Violation
Here's Where Real Estate Market Starts To Tank.
I live in an area with a lot AirBNB homes which have raised prices.


MW: What’s your take on the state of secondary markets and vacation markets right now?

Kelman: Toast. Those are going to be in tough shape. There’s a whole economy that was built around the liquidity there that Airbnb provided. You could get pretty deep into debt and still have somebody pay your mortgage every month because Airbnb and other travel websites were so good at finding someone to rent it out. And I don’t think many of those folks have the reserves that Marriott MAR, +0.92% or that Hilton HLT, +0.58% does.


Less than 50%

[link to www.marketwatch.com (secure)]
From the author of Blade Runner:

“There will come a time when it isn't 'They're spying on me through my phone' anymore. Eventually, it will be 'My phone is spying on me'.”

Philip K. Dick
Anonymous Coward
User ID: 77699866
United States
05/12/2020 11:38 AM
Report Abusive Post
Report Copyright Violation
Re: Here's Where Real Estate Market Starts To Tank.
Good! Those neighborhood destroying airbnbers gonna get their asses handed to them!
Anonymous Coward
User ID: 11521775
United States
05/12/2020 11:56 AM
Report Abusive Post
Report Copyright Violation
Re: Here's Where Real Estate Market Starts To Tank.
Good! Those neighborhood destroying airbnbers gonna get their asses handed to them!
 Quoting: Anonymous Coward 77699866


I had a few shitty experiences with leftist trans air b n b fuckwits. I feel exactly the same way.

I even developed my own little ct about that whole phenomenon: I think it was a fifth column attack. It swept through the country like fire. I think they might have even been killing homeowners to get the homes. Whole neighborhoods rolled over, and over.
WaitTressSandwhich  (OP)

User ID: 78846383
United States
05/12/2020 11:58 AM
Report Abusive Post
Report Copyright Violation
Re: Here's Where Real Estate Market Starts To Tank.
The 2nd wave:

The current crisis will upend commercial real estate, changing everything from lease terms to management to financing. For now, those in the industry are largely focused on redesigning office space for the new reality of social distancing — repurposing conference rooms with desks, adding touchless doors and temperature sensors, and rearranging furniture and signage to direct workers clockwise through the space without backtracking, the way many grocery stores are now directing shoppers. There’s such logistical complexity that real-estate services firm Cushman & Wakefield created a 300-page manual to help 10,000 clients return to work in China; luckily for the rest of its clients, it has since been distilled into 30 pages. The company, which introduced a concept it calls the Six Feet Office, also expects to do a brisk business in “recover readiness,” with a flat fee structure for customizing guidelines up through the more expensive “space auditing” and “change management.”

Less than 50%

[link to marker.medium.com (secure)]
From the author of Blade Runner:

“There will come a time when it isn't 'They're spying on me through my phone' anymore. Eventually, it will be 'My phone is spying on me'.”

Philip K. Dick





GLP