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Technology Stocks : Airbnb, Inc.
ABNB 126.35-0.1%Oct 30 3:59 PM EDT

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To: Glenn Petersen who wrote (43)5/26/2021 6:14:01 PM
From: The Ox   of 77
 
I'm not so sure that people don't need the security they have with a lease. Short term agreements imply that the landlord can decide to move you out (or simply say they are no longer renting) at a moments notice.

He didn’t mention how this could impact tenants, like those who prefer long-term rentals because it locks in their rent at a set price and offers legal protections. The idea is that more people are going to want flexibility and the ability to parachute into a destination and live like a local. Chesky says that Airbnb has dealt with evictions and squatters in the past and hasn’t found any “intractable issue” that can’t be handled.
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