4 ms·
>Now it is like staying at a crap hotel and often more expensive not surprising, companies like Uber and AirBNB were initially cheaper because they were basica
by ren_engineer 4y ago
>Now it is like staying at a crap hotel and often more expensive
not surprising, companies like Uber and AirBNB were initially cheaper because they were basically ignoring most laws and getting away with it, plus subsidizing cost with VC money. Now they are being forced to pay for compliance and taxes, and trying to turn a profit, costs go up. Plus their renters don't have the economies of scale compared to traditional hotels, so it makes sense they will be more expensive