WTF

That is smart... I consider that a home more than a rental. I am making an assumption that the vast majority of Airbnb owners are not in the same position as you.

In the town near to where I live, a population of approximately 10k, there are 400+ short term rental properties. While it does have a substantial tourism business in the summer, how does it make sense for around 10-15% (my best guess) of the total single housing properties in the town to be locked up as short-term rentals?

Speaking of liquidity... One group of "investors" who need to be very careful are the Airbnb geniuses. The housing shortage in the U.S. will soon be a housing glut as millions of Airbnb and short-term rentals are liquidated at the "get me the f out of this thing" price, flooding the market with housing. I am expecting a halving of prices as a minimum... Better have a ton of equity on those rentals, and another source of cash flow because even though nobody is renting the place, the mortgage payments don't stop... utilities, repairs, insurance, taxes... just keep coming... Lots of paper millionaires about to get a reality check....

Looking forward to the blowoff top on the first fed rate cut powered by the retail morons and Wail Street... I keep thinking that people cannot possibly be as stupid as they consistently prove to me that they are... Better get your shit together... this will get real in the not-too-distant future...

What the hell.... the VIX only goes down... and for good measure Ai

VIX crushed again, not a care in the world... everyone has this trade figured out, free money forever.

Never a bad day to buy NVDA I see... isn't that special.

Why worry... Ai

LOL, exactly... the markets are expecting perfection, doubt they are going to get it.

A day of reckoning is coming soon for High Yield Corp Bonds... the spread is pricing in very little risk... I don't think that is going to be the case...

And yes... I have long ago given up on the idea the United States was a "Free Market"... the game is rigged, without a doubt...

Sip, I've heard it all before... look at the 30-year chart of CSCO... great company... was the shit back in the late 90's... the internet was going to change everything and CSCO would be at the center of it all, topped in March 2000 at $146 and has never reached the highs since, now trading at $50. The internet was world changing, but that didn't mean CSCO was the winner... I say that with NVDA and other semiconductor manufactures in mind... this is the top of the market for the chip manufactures... demand and margins will never be higher, new manufactures & competition will now eat into prices... the current share prices will not be supported by earnings, I suspect they will also be looking back for the next 20 years to see their highs...

SpaceX loses Starship... maybe the name over-promises... Starship seems inappropriate for something that will never go to a star... may I suggest Earthship, as every launch so far has ended in mangled pieces crashing back down to earth...

Adobe only down $63 or 11% after reporting earnings... another ai wonder... the wonder is who buys this overpriced crap... But good news the company will be doing a multibillion dollar share buyback at the top of the market... what a waste of capital... reinvest in the company or pay a dividend... share repurchases are a scam...

Must have been some good news to spark the rally... let's see how long this lasts...