Airbnb hosts facing mortgage crisis amid Coronavirus outbreak; similar to 2008 housin

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Airbnb hosts facing mortgage crisis amid Coronavirus outbreak; similar to 2008 housin

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11-04-2020, 11:50 PM

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Airbnb hosts facing mortgage crisis amid Coronavirus outbreak; similar to 2008 housin

An honorable member of the Coffee Shop Has Just Posted the Following:

SAN FRANCISCO — Livia De Felice, who owns two vacation rental properties and manages four others across Italy, has seen all of her bookings for March canceled, leaving her “extremely worried,” she said.

Austin Mao, who hosts 2,000 guests a month in his Las Vegas network of mansions, has slashed prices on the properties by 10 percent and plans to keep cutting as visitors dwindle.

And Tracey Northcott and her husband, who manage 12 vacation apartments in Tokyo, said the occupancy rate had...

Airbnb hosts facing mortgage crisis amid Coronavirus outbreak; similar to 2008 housing market crash

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