‘It wasn’t only the US investment houses which were scenting opportunity. Indeed, it was a subsidiary of veteran (1908) Edinburgh-based asset management specialist Baillie Gifford, which became really excited.’ Pt 2 of David Black’s examination looks at Airbnb’s history and upcoming IPO…
lettings
Airbnb blitz is blighting cities
‘Nor is it all bad, by any means. Just as there were ‘good banks’ and ‘bad banks’ after the 2008 economic crash, so there is a ‘good’ Airbnb and a ‘bad’ Airbnb.’ But the bad outweighs the good, says the author