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Airbnb hosts are planning to sell off their properties because of the pandemic

Airbnb suffers covid blow

With global travel screeching to a halt during the pandemic, a number of Airbnb hosts are planning to sell their properties — at an uncertain moment for the broader real estate market — or get rid of some of their rentals as well as the furniture they bought to deck out their homes.

These desperate moves come as hosts face the possibility of losing thousands of dollars a month in canceled bookings while bills, maintenance costs and mortgage payments pile up. 

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