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Web Lets Homeowners Become Hoteliers, Dodge Foreclosure

By Implode-Explode Heavy Industries

" Bloomberg News reports on some 20-somethings who started a web site called Airbnb.com which makes it relatively easy to rent out a room etc. and for a night. in other words, every body can get into the hotel business. As one might expect, real hotels aren't amused."

Full post as published by Mortgage Lender Implode-o-Meter on July 19, 2010 (boomark / email).