London’s Luxury Homes Won’t Sell, So Now They’re on Airbnb

Frustrated after searching for a buyer for two years, the owner of a luxury overlooking London’s Hyde Park decided to rent it out for 1,500 pounds ($1,868) a night. “It was a very lofty valuation and I think they’ve always been chasing the market,” said Hasan Hasan, the co-founder of property broker Xenyos, which is handling the rental. Read more.