6 ms·
specifically, it's the tourists causing the cost increase. airBnb is just the facilitator. if they weren't going to airbinb they would've gone to hotels or pe
by thorwasdfasdf 6y ago
specifically, it's the tourists causing the cost increase. airBnb is just the facilitator. if they weren't going to airbinb they would've gone to hotels or people renting out their apartments.
- cameronbrown 6y agoConjecture. AirBnB's are generally below market rate for hotels which brings more people in than you'd have otherwise gotten.
- gamblor956 6y agoThis has not been true in any major market for years, once you factor in all the fees that AirBnB doesn't disclose until you book a listing. Once fees are included, AirBnB is usually more expensive in markets like SF, LA, or NY for individual/couple listings than a comparably furnished hotel room (inclusive of fees).
- stbtrax 6y agoHave you seen SF hotel rates during convention season? The most basic rooms go for $3-400. Have you tried to book a Paris hotel in summer? In my experience your statement is not true
- gamblor956 6y agoHave you tried to book an AirBnb during a marathon? The most basic room goes for $200/night, before you add in the "cleaning" fees or the "service fees" or the other "fees" that hotels are required by law in their original quotes.
- skrtskrt 6y agoThis is not true at all, I regularly rent Airbnbs in major American cities for less than a quarter of what a basic hotel room would cost in the same location. The AirBnbs are a lot larger and nicer too. It gets even better when you split the cost with people. I can get a full, nice house in a great location in LA for a little over $200 a night all in and split it with 5 friends. I would have to get a hotel penthouse for the experience to be even close. And yes, the fact that it's so cheap does significantly increase the appetite for weekend trips for people my age. The housing part of the trip goes from a major expense to almost an afterthought.
- mikeyouse 6y agoIf they were going to hotels, they wouldn't cause rent increases in residential properties... that's kind of the point..
- mrcorona 6y agoReally looking forward to overleveraged airbnbers, the kinds juggling 10 mortgages and causing housing shortages, to get blackswanned.
- anthonybullard 6y agoI wonder why people renting their cars on Turo(or buying cars to do so) aren't causing car shortages? Oh yeah, because there aren't the artificial constraints on supply there is on housing. Let's focus on the problem and not wish ill on those trying to provide a useful service to others.
- acdha 6y agoIt’s a service which even if being operated in compliance with local laws has a negative cost to the rest of the neighborhood through higher issues with noise, trash, parking, etc. There are reasons why hotels aren’t spread randomly around cities.
- anthonybullard 6y agoLiving around people at any density has the same costs. Living in a city should have an implied contract that you will have these issues as costs, with numerous other things coming as benefits. The issues of noise, trash, parking etc should be made to be internalized by those that bring the nuisance. There are noise laws, littering laws, and parking ordinances. Maybe adjustments are appropriate in some cases. At the end of the day, anti-AirBnB laws are about control over your neighbor. The same things were said about home offices for years (and still are in some localities). The problem is, you can always point to antecdata to support your point, but we should be looking at individual violators of reasonable laws that uphold health and safety in a neighborhood - not using a blunt instrument to snuff out all new uses of property that come about because you don't like it.
- somebrody 6y ago> it's the tourists causing the cost increase Ok, show me where the tourists do this without a landlord enabling it. If AirBnb didn't exist, would tourist just sleep in the park?