Blåhaj Lemmy
  • Communities
  • Create Post
  • Create Community
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
SeattleRain@lemmy.worldM to Housing Bubble 2: Return of the Ugly @lemmy.worldEnglish · 1 year ago

How Airbnb accidentally screwed the US housing market and made $100 billion

www.arktrek.shop

external-link
message-square
1
link
fedilink
  • cross-posted to:
  • technology@lemmy.world
3
external-link

How Airbnb accidentally screwed the US housing market and made $100 billion

www.arktrek.shop

SeattleRain@lemmy.worldM to Housing Bubble 2: Return of the Ugly @lemmy.worldEnglish · 1 year ago
message-square
1
link
fedilink
  • cross-posted to:
  • technology@lemmy.world
Airbnb's success story stands out in stark contrast to the struggles of other startups. Unlike Zillow's disastrous attempt at house-flipping, Airbnb has flourished for over a decade. Their revenue skyrocketed, tripling from $3.3 billion to nearly $10 billion. Even more impressive, they flipped profitability, going from annual losses of $4-5 billion to earning the same staggering amount. Perhaps the strongest indicator of their dominance is their resilient stock price. Unlike the post-IPO crashes

cross-posted from: https://lemmy.world/post/15333703

How Airbnb accidentally screwed the US housing market and made $100 billion

alert-triangle
You must log in or register to comment.
  • slazer2au@lemmy.world
    link
    fedilink
    English
    arrow-up
    3
    ·
    1 year ago

    Accidentally?

Housing Bubble 2: Return of the Ugly @lemmy.world

housing_bubble_2@lemmy.world

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !housing_bubble_2@lemmy.world

A community for discussing and documenting the second great housing bubble.

Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 1 user / day
  • 1 user / week
  • 56 users / month
  • 2.07K users / 6 months
  • 8 local subscribers
  • 488 subscribers
  • 751 Posts
  • 2.09K Comments
  • Modlog
  • mods:
  • SeattleRain@lemmy.world
  • BE: 0.19.11
  • Modlog
  • Legal
  • Instances
  • Docs
  • Code
  • join-lemmy.org