Grant Cardone Proclaims His Short-Term Rental Skepticism Proved Correct — 'I Warned You To Avoid Short-Term Rentals' [Yahoo! Finance]
Airbnb, Inc. - Class A (ABNB)
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Source: Yahoo! Finance
Hawaii lawmakers want to phase out short-term rentals altogether, and Los Angeles, New York, Nashville, Tennessee and Bozeman, Montana are looking for ways to curb activity. In Michigan, a bill before the legislature would require people who rent their homes for more than 14 days per year to pay an additional 6% tax, register their rental with the state and pay additional fees if their rentals are listed on sites like VRBO or Airbnb. Real estate mogul Grant Cardone is giving investors who didn't heed his warnings a big, "I told you so." Don't Miss: Investing in real estate just got a whole lot simpler. This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100. Want To Grow Your Wealth Passively? Unlock Real Wealth with Cityfunds' Exclusive 8% Yield Fund In an April 27 post on X, Cardone shared a graphic showing 7,300 homes for sale in Cape Coral, Florida, which has more than double that number of short-term rentals at 17,2
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ABNB
News
- Airbnb CEO says most employees don't want full autonomy at work — and those that do should start their own companies [Business Insider]Business Insider
- Airbnb, Inc. (NASDAQ: ABNB) had its "reduce" rating re-affirmed by analysts at Phillip Securities. They now have a $120.00 price target on the stock.MarketBeat
- 5 Best Side Gigs for Building Wealth in 2025 [Yahoo! Finance]Yahoo! Finance
- Airbnb credits app upgrades, supply quality for bookings and NPS growth [Yahoo! Finance]Yahoo! Finance
- Airbnb, Inc. (NASDAQ: ABNB) had its price target raised by analysts at Citigroup Inc. from $135.00 to $158.00. They now have a "buy" rating on the stock.MarketBeat
ABNB
Earnings
- 11/7/24 - Miss
ABNB
Sec Filings
- 11/12/24 - Form 4
- 11/7/24 - Form 144
- 11/7/24 - Form 10-Q
- ABNB's page on the SEC website