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Wrong market. Should have targeted the homeless, drug addicts and violent felons. Ka-ching in SF and NYC.
“The company is unable to pay October rent,” the emails said, suggesting that landlords use security deposits to cover it.
“The company is unable to pay October rent,” the emails said...
From Bay Area co-living startup HubHaus implodes, stranding renters and homeowners
In theory, this should help lower rents (and ultimately, prices)...