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The vacation rental market is getting crowded

According to Homeaway on a research conducted in 2010, the vacation rental market is worth $85B per annum just in Europe and the United States.
The short-term rental market is exploding on the Internet with a lot of new players piggy backing on the buzz of the hot Silicon Valley company AirBnB and also the highly expected IPO of Homeaway.
Also, owners need to find better ways to optimize their ROI on a 2nd home. And tenants look at lowering the monthly rent with a spare room to rent for occasional

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