@chamath Airbnb also has its own issues… they don’t let hosts own the guest experience they want to own their customer. Expedia group came out and said that 50% of bookings should be coming through your own brand. Airbnb wants 0%/all. Not a long term success strategy. Host will win.
Host here - we are doing increasing return on all our properties year/year for three years straight now. You better understand market pricing, amenities needed (usually general capx + quality of life stuff), and leverage return guests. Our returns get better each year cash on cash
@realEstateTrent They fail to mention that spaceX also blew up their pad in Texas but they build so fast it only set them back 3ish months. Let’s see if BO can do the same…