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Airbnb has allowed hosts to ratchet up cleaning fees ridiculously. They look for any excuse to remove your negative review so they can keep that property (incom
by fullsend 4y ago
Airbnb has allowed hosts to ratchet up cleaning fees ridiculously. They look for any excuse to remove your negative review so they can keep that property (income stream) producing. And the hosts have become more and more draconian now that they are people whose sole income is being a property manager, as opposed to when they were just people getting some money for an extra bedroom.
I would short the stock but I don’t know what’s going to bring it down, where’s the competition. Hotels?
- Gigachad 4y agoA lot of the airbnb listings are hotels now. AirBNB is becoming a general discovery platform.
- dorchadas 4y ago> I don’t know what’s going to bring it down Regulations, hopefully. AirBnB is partially responsible for the housing crises that we're seeing worldwide. Hopefully regulation will catch up sooner rather than later. Tourists are not more important than locals.