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or did it make it more malleable for customers who wanted sub 12month leases? (And not absurdly priced like some apartment companies who will charge 3x the mon
by maerF0x0 4y ago
or did it make it more malleable for customers who wanted sub 12month leases? (And not absurdly priced like some apartment companies who will charge 3x the monthly rent for 1 month leases)
When i Moved to the US AirBnb was my best option to get a 2 week home while I hunted for where I would lease for 12 months. A hotel would have easily cost me double because i got a good week or 2 week rate (i forget which) .
- AlexandrB 4y agoYes, AirBnB brought down the cost of short term rentals by removing stock from the long term rental market. I think this is a net-negative for society and consumers. It's great that you saved money for a 2 week rental. That was more than made up by someone else who has had to pay more for housing for years.
- maerF0x0 4y agoIf AirBnb truly made the market prices go up, then beyond short term shocks it's more of city hall's (and NIMBYism) fault that new supply couldn't come to market (such as rezoning) . America has a massive zoning issue that is causing all kinds of pain and suffering to lower middle class and below. https://www.youtube.com/watch?v=SfsCniN7Nsc https://www.youtube.com/watch?v=SfsCniN7Nsc https://www.youtube.com/watch?v=7pq-UvE1j1Q https://www.youtube.com/watch?v=7pq-UvE1j1Q
- deleted 4y ago[deleted]