Quote Originally Posted by SteveinMN View Post
I think the travel market is fungible. There is a market for Airbnb, just as there's a market for Spirit Airlines. But it's not a strong market and I don't know anyone who is listed on Airbnb (or VRBO or others) who is making enough money at that to make it their vocation. I also don't know anyone who actually made money flipping houses. Buying a house to run as an Airbnb strikes me much the same way -- the early people in will make some money, the others will me-too themselves till they regret it.
I have a running argument with my wife about going into houseflippery to make money and "exercise creativity". I rank it up there with day trading and internet poker as a business model. HGTV and DIY have a lot to answer for.