4 ms·
Yeah but the problem the parent mentions really comes to the fore when you're trying to make a Dec 15th - Jan 15th reservation (1 month) and AirBNB hosts are un
by ashray 11y ago
Yeah but the problem the parent mentions really comes to the fore when you're trying to make a Dec 15th - Jan 15th reservation (1 month) and AirBNB hosts are unwilling to do a reasonable monthly rate because the middle dates are peak times. Eventually most of these hosts will only get a reservation for the peak dates and lose out on the month reservation. (peak dates may cost a total of $800 and the reasonable monthly might be $1600 but host wants $800 + $1600 or something like that - ridiculous) Peak dates are about 10 days from Dec 22nd - Jan 1st or something. They'll use a 3x multiplier on those dates to come up with $2400 as their new monthly rate. Yeah.. right.
If the entire month was peak (like July in a popular city in Europe or something..) that would still be understandable - but you could again apply that logic to a 3 month reservation and a host arguing about how the month in the middle are peak dates.
Of course, not all hosts are like that - yet. But if this is the shape of things to come, long term rentals are going to get harder just like the parent mentions.
- msellout 11y agoYou're saying that the balance of supply and demand leads to optimal pricing -- maximizing both producer and consumer surplus?