WestCap Founder On What’s Next For Short-Term Rentals: Full Video
Ryan Bourque
Skift Take
The housing shortage is very real. WestCap's Laurence Tosi delves into why the short-term rental market should never be blamed for it.
For the first time in his 25 years as an investor, WestCap Founder Laurence Tosi says that the short-term rental market and overall economy possess the most extreme economic health indicators he has ever seen. With strong positives and negatives, it is hard to gauge what will happen next.
What the long-time investor did tell Skift CEO and Founder Rafat Ali at the Skift Short-Term Rental Summit in New York City is that the industry was a big winner from the Covid-19 Pandemic, and despite the uncertainty, it is on the right side of travel.
Tosi also explored the struggles of the global housing shortage, the interference of political players in the industry, and how key figures should react to these challenges.
You can watch a full video of their discussion as well as read a transcript of it, below.
https://youtu.be/_IdiWtJEJxURafat Ali: Okay, so thank you for being here.
Laurence Tosi: Oh, thank you, Rafat.
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