Oddbean new post about | logout
 if people are really looking to unload airbnbs, it's going to get nasty, because it will turn into a bank run

https://i.poastcdn.org/f66c1bed97757cb4ed661b6900747e771e0dc3903c0c8bd867faf255a3b44e75.png 
 Boomers are running out of investments to fund their lavish retirements lmao 
 LA shitheels hollowed out my neighborhood to make AirBnBs because "desert vibes, man".
Now they all sit empty with zero short or long term renters and they drove housing prices through the roof so nobody is buying either.