Hyp: when urban residential real estate becomes 1% speculation/capital storage asset, 99% must become nomadic
-
-
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 -
This Tweet is unavailable.
Replying to @davidcaho
Not necessarily. Cities do die. The biggest, oldest ones may just have been lucky so far.
10:32 AM - 7 Aug 2016
1 reply
0 retweets
0 likes
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.