I think the expectation at Airbnb has definitely been elevated to a whole new level. 

Death by 1000 cuts.virtually everyone recognizes that placing all eggs in one basket elevates risk.  

Short term guests do need need the front elevation to be appealing IMHO. 

Beware of elevators in old buildings.

Also, a company’s profile is drastically elevated when it’s backed by VC money.

The elevation of the building will be kept the same.

And it staying elevated until end of Q1 25 at least. 

Quite a few investors just lost a ton of wealth here, so be careful about nearness to a river, elevation, etc.

While the Fed looks to continue their trajectory of cutting short term rates, I suspect the mid and long points of the yield curve (particularly the 10 year, which is what most mortgages go off of) will stay elevated. 10 Yr treasury today is 4.4%, but if it goes up to 5% or 6%, your mortgage will likely be in the 8% or higher level, which then hits CF even more.  

I can see where it would elevate my efforts and provide a great standard to follow as I gain experience.