Five charts to start your day
Good morning! I have a fascinating five charts to show you. I had a good think about each one of them yesterday. If you’re a paid subscriber you can get to see all five, plus some short bullets on my thoughts about each one.
Here’s what’s coming up:
Airbnb has rapidly taken over Prague over the last 13 years
Investors are staying away from China as FDI dries up
European companies suffer from their loss of trade with Russia
Private equity firms control major parts of the US economy
Life expectancy in the United States is falling.
Some of these charts might shock you. But let’s start with something light. Let’s start with the rise of Airbnb in Prague and the unforeseen negative impact this is having on Prague’s housing market.
Airbnb has rapidly taken over Prague over the last 13 years
Source: Nelson Schäfer, https://www.linkedin.com/in/nelsonschaefer/
Airbnb has rapidly gained a significant foothold in Prague's hospitality landscape, transforming the way travellers stay in the city.
It has had an impact on local housing, creating a surge in supply of short-term rentals potentially affecting the long-term rental market that locals rely on.
Airbnb's expansion in Prague has prompted regulatory challenges as local authorities seek to balance the benefits of tourism with preserving the city's housing affordability and character.
