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Thanks Marty! Well understood! Airbnb rental revenues are falling for sure in many major cities. Some of them, such as Sevierville TN, Phoenix AZ, Austin TX, Myrtle Beach, and San Antonio TX, drop almost 50% compared to 2022. The current resistance level for ABNB is at $127.89 and support level is at $115.85 with the RSI at 62.17. If rental price falls, inflation should fall in theory. But at the same time, it may not be healthy for the economy.
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