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> The mean revenue per host was about $13,000 per year Otherwise known as the income that one would have previously obtained by renting a room to a permanent r
by hiou 11y ago
> The mean revenue per host was about $13,000 per year
Otherwise known as the income that one would have previously obtained by renting a room to a permanent resident. The big difference with Airbnb is that the service is removing potential rooms and roommate situations from the market. I'm not going to say whether Airbnb is a good thing as honestly I'm leaning toward it being a net benefit. But to say it has not made finding a place to live permanently in places like SF and NYC more difficult for 1st time and early in life renters is difficult for me to agree with.
All progress has a price. And often that price is worth the benefit. But let's not pretend there are not people out there that will be worse off in the short term.
- kelnos 11y agoOtherwise known as the income that one would have previously obtained by renting a room to a permanent resident. Not true. If I want to rent my place out for a week while I'm out of town, that would be income that could never be provided by a permanent resident. If I rent out a spare room to someone in town for the weekend, that's not a permanent resident. Maybe I don't want a permanent roommate, but just want some supplementary income here and there. You're certainly welcome to argue that I shouldn't be allowed to do that, but I'd disagree with that point of view, and that has nothing to do with whether or not a permanent resident could be served by the space.