The data doesn't support an Airbnb bust and it never has. Bottom line is markets were there were suddenly distorted pricing effects due to high demand and low supply are now experiencing pricing equilibrium as supply has increased and they can no longer command $1k+/night.
Also, with most consumers feeling a squeeze from prices, higher interest rates, etc. it's expected that these sky high prices have to come down.
Also, with most consumers feeling a squeeze from prices, higher interest rates, etc. it's expected that these sky high prices have to come down.