March 30, 2020

In forums and on Facebook groups, in YouTube videos and on subreddits, Airbnb hosts who have built vast but flimsy short-term rental empires are facing huge losses as the global tourism industry collapses due to the coronavirus pandemic.

As Airbnb bookings vanish, scores of hosts are scrambling to find long-term tenants for their properties, flooding rental websites with cut-price furnished apartments right in the centre of some of the world’s most expensive cities.

https://www.wired.co.uk/article/airbnb-coronavirus-london