The Best Growth Sectors for New Business Start-ups by Olufisayo November 6, 2017 written by Olufisayo November 6, 2017 0 FacebookTwitterPinterestLinkedinWhatsappEmail Related Articles 8 Ways to Fast-track Your Way up the... June 13, 2021 Good Food, Good Mood: The Role of Quality... June 10, 2021 David vs Goliath: How Small Businesses Can Beat... May 27, 2021 Entrepreneur Sees Huge Lockdown Growth of Subscription Style... May 26, 2021 Choosing a Commercial Cleaning Service Company? Consider These... May 26, 2021 Tips for Independent Retailers in a Post-COVID World May 20, 2021 3 Common Legal Issues for Companies and How... May 18, 2021 Important Details to Consider When Expanding Your Small... May 14, 2021 Top 5 Business Ideas for 2021 & Beyond May 10, 2021 Business Continuity: Make Sure Your Venture Lasts Long-Term May 5, 2021 1 comment David Astley February 28, 2018 - 4:20 PM You mentioned the popularity of Airbnb and similar platforms making it easy for property owners to get started in the property sector – but those apps were never designed to be used by property investors. They were designed to facilitate the short-term letting of space such as spare rooms and lofts in premises where the owners were living. Of course, I acknowledge that Airbnb has grown well beyond that, and the use of the app for the professional letting of condos, apartments and whole houses has probably overtaken the mom and pop side of the business, but investors need to be aware that in many countries, regulations haven’t caught up with technology yet, and it is likely that Airbnb may be subject to onerous regulation in the future. In some countries, the hotel industry is already pushing for restrictions and the application of accommodation taxes because they believe they are losing business to Airbnb. Reply Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. This site uses Akismet to reduce spam. Learn how your comment data is processed.