Airbnb hosts are going out of business. again

Summary

Sean Rakidzich discusses the volatile nature of the short-term rental industry, pointing out that, since 2015, increased competition has caused many hosts to go out of business due to a lack of proper competencies in revenue management and understanding market forces; as more people rush into the space and don't protect their cash, many will sell off their furniture or homes when they can no longer afford the down cycles.