They must not have seen the fallout of timeshare style rentals like airbnb.
People where more than willing to pay the "fair" price, but when they were "nickel and dimed" with cleaning fees and other incidentals, I've read people thought it was an unfair shell game. Itemized prices and tell me what I pay before I sign, if you change that after I sign, it's bait and switch.
Now the crash of 2008 was different than what could be here. If there's another crash, it'll even more global I assume.
2008 was bad loans to people who should have known their variable rate could and would be increased.
This crash would have more in common with the dot-com bust of quick over-inflation then a catastrophic devaluation that would wipe some things out of existence. Maybe.+