Hyp: when urban residential real estate becomes 1% speculation/capital storage asset, 99% must become nomadic
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Replying to @vgr
In this picture seems like AirBnB has to be a net good. Acts like a derivative instrument to reliquefy unused stock for partial local value
1 reply 3 retweets 11 likes -
Replying to @vgr
Thought experiment: you only allow ownership with no capital controls stopping remote ownership. And no AirBnB. Cities would necessarily die
3 replies 3 retweets 4 likes -
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Replying to @fire__exit
Does that hold for biggest, hottest metro areas with most economic opportunity and most critical growth problems?
10:25 AM - 7 Aug 2016
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