As a current AirBNB host; I'd like to chime in on why the sublet prices seem high. Everyone on AirBNB currently has their places setup for a nightly rate which

As a current AirBNB host; I'd like to chime in on why the sublet prices seem high. Everyone on AirBNB currently has their places setup for a nightly rate which is competitive against hotels, then potentially offering a slight discount if they stay for a week; and then AirBNB has always has this 'monthly' price field. I've never had anyone stay a month. That monthly field is what they're basing these prices off, and they've added a new checkbox just below the monthly price field asking if you'd like to be on the sublet search. I have no incentive to sublet, or lower my monthly price, because at $99/night, I pay my ENTIRE mortgage every month having 85% occupancy of our second bedroom on a per-night basis. So I have no incentive to sublet for the more reasonable half my mortgage every month. So what do I believe this means? They're launching the feature with an impressive number of properties, but as everyone is noting, they're expensive. Once people whose primary aim is to sublet join for that purpose, and NOT to host by the night (in competition with hotels) then they will have sublet listings competitively priced with those on craigslist, and in-line with monthly rental prices in an area.