Let’s say everything went well, you leave with a healthy amount of capital for your next deal, and then what happens with the existing property that now has little equity?

Nobody forced me to book this trip and not buy travel insurance, yet at the same time I didn’t force the host or the platform to invest themselves heavily in the travel industry without preparing for an event like this that effects travel either, or to not have adequate reserves in order to be able to provide good customer service and do the right thing in a situation where public health is an issue.

A lot of California investors look here in Phoenix - it's a short commute, we have a healthy market with lots of job growth, and appreciation has been reliable.

You could buy 4 cash flowing properties easily here and have a healthy reserve. 

When things go south during times like these i dont see any type of rental in okc that is really immune based on my past experience.  

Stay safe and healthy,Jason

This was also in the Airdna email:Key Takeaways Demand and revenues in Beijing, Tokyo, Milan, Rome, Seoul and others have plunged throughout the month of February and into MarchMost US markets remain strong and stableEvent cancellations in Austin and Barcelona have dealt crushing blows to hostsHosts in many locations are decreasing available rates to incentivize travelBright spot: booking behavior is highly localized and dependent upon destination type (leisure versus urban)Short-term rentals are often more immune to the impacts of pandemic than other travel industries 

But we do have fairly healthy reserves. 

I'm assuming next week will be pretty scarce with activity, lets all pray for a healthy April! 

He says the problem is people in the US are still doing business as normal for as long as possible, when in reality, healthy people need to stay home.