"Holy God. We're About To Lose Everything" - Pandemic Crushes Overleveraged Airbnb Superhosts

"History doesn't repeat itself, but it often rhymes," as Mark Twain is often reputed to have said. Before the 2007-2008 GFC, people built real estate portfolios based around renters. We all know what happened there; once consumers got pinched in the GFC, rent payments couldn't be made, and it rippled down the chain and resulted in landlords foreclosing on properties.

Simon Gwinner

Source: "Holy God. We're About To Lose…
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