Saturday 2 May 2020

‘A Bargain With the Devil’—Bill Comes Due for Overextended Airbnb Hosts

‘A Bargain With the Devil’—Bill Comes Due for Overextended Airbnb Hosts

For years, Cheryl Dopp considered the ding on her phone from a new Airbnb Inc. booking to be the sound of what she called “magical money.” A property she rented out in Jersey City, N.J., on Airbnb could gross more than $8,000 a month, she said, double what long-term tenants would pay.
Read more: https://www.wsj.com/articles/a-bargain-with-the-devilbill-comes-due-for-overextended-airbnb-hosts-11588083336?source=Snapzu

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