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Actual title is, "Airbnb launches platform allowing renters to host apartments, partnering with major landlords". Had to switch it up a bit to make it fit withi
by koolba 4y ago
Actual title is, "Airbnb launches platform allowing renters to host apartments, partnering with major landlords". Had to switch it up a bit to make it fit within the length limit.
The carrot for the landlords is up to 20% of the nightly rental:
> Apartment buildings can also charge the primary tenant a fee of up to 20% of the price of each Airbnb use. For those buildings that have been in test mode so far, Airbnb said tenants have hosted an average of nine nights per month with an average income of $900 per month.
I can't imagine everyone else in those buildings being too pleased about this. Besides the usual issues with a rolling group of short term renters, there would also be an implicit expectation for bonus rental income that would push up rents.