Short Term in a downturn

[Brian Langstrom]

With the stock market at record lows, crypto crashing lower every day, interest rates jumping 3/4 a point in a day. This market is going to change. I am curious how AirBNB owners see this working in the long term. Wouldn't a yearly or seasonal and summer lease for 3-6 months give stability to income? I have a couple of friends who jumped into the nightly and weekly markets this past winter season. They did well for a lot of work and damages. So now as they look to the Summer and next season in Naples, they are thinking longterm rentals might be smarter. Plus if this economy busts, they have a better chance of getting some income as opposed to none.  Thoughts?