The Best Growth Sectors for New Business Start-ups by Olufisayo November 6, 2017 published by Olufisayo Published: November 6, 2017Last Updated on August 31, 2018 0 FacebookTwitterPinterestLinkedinWhatsappEmail Related Articles Effective Cash Flow Management for Entrepreneurial Success November 22, 2023 Defining and Measuring Product Innovation Success Using Key... November 9, 2023 Currency Considerations: 5 Ways Exchange Rates Impact International... November 2, 2023 5 Quick Ways to Boost Your Business &... November 2, 2023 Employee Uniformity and the Key to Success October 27, 2023 Paving the Way for Series C Funding Success October 10, 2023 Common Mistakes Entrepreneurs Make When Hiring New Employees September 15, 2023 The 5 Essential Safety Tips For Working On... September 15, 2023 5 Tips for Safely Shipping Delicate Products September 15, 2023 Benefits of Skills Management Software For Your Startup... September 6, 2023 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. Comments are closed.