Nixon, a stay-at-home mom with an economics degree who has worked in journalism, added the caption: "The Airbnbust is upon us," in a post that has since garnered 53,000 likes. Prompting a recent flurry of online discussion over the term, Amy Nixon, a resident of Dallas-Fort Worth, Texas, screenshotted two Facebook comments from hosts asking if others were experiencing slowdowns in bookings and tweeted them on October 16. The phrase has grown in popularity on Twitter, YouTube, and Reddit. Airbnb hosts in certain areas are experiencing booking slowdowns that some people are calling an "Airbnbust." Troy bought the homes for about 35,000 each, and Airbnb is now Troy's primary source of. She did not respond to Insider's request for an interview.Ĭhurch's experience highlights how the lofty expectations of short-term-rental owners may be coming back to Earth. Ansel Troy is an Airbnb host and owner of two tiny homes in Oakland, California. In an earlier video, she shared that she had netted over $12,000 in March alone. Shelby Church, a host with Airbnb, posted a video on YouTube in October breaking down how much money her Palm Springs, California, Airbnb lost over the summer.Īfter factoring in expenses, she told her 1.75 million subscribers that she lost nearly $10,000 from June through September. Account icon An icon in the shape of a person's head and shoulders.
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