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For a while there I was much more likely to book an Airbnb for any trip I was taking. Then the fees went up, like way up. Suddenly the cleaning fee and Airbnb f
by oldandboring 3y ago
For a while there I was much more likely to book an Airbnb for any trip I was taking. Then the fees went up, like way up. Suddenly the cleaning fee and Airbnb fee doubled the charge and I started noping out of the booking.
Same thing for Uber. In my trip history back in 2018 and earlier I could take an Uber or Lyft between my house and office for around $12 and now it's $40.
Rationally I understand why fees go up, how the fees were being kept down artificially to get people hooked, the effects of inflation. Rationally I understand supply/demand and how all this is complex and tied in with local regulation, taxes, the housing market, etc. Hell, I own a short term rental.
Just my two cents.
- nine_zeros 3y agoThe fundamental problem with all these companies is that shareholders demand growth. Not just steady business growth but like real fast quarter over quarter growth. So execs now are only interested in milking money to keep share prices high, even if it hurts the business long term. By the time customers really NOP out, primary shareholders and execs will have exited their positions. The bagholders will be the remaining shareholders and the folks who got a 30 year mortgage counting on this Airbnb income forever.
- halJordan 3y agoThat's not it, that's a thought terminating cliche used to keep you angry.
- swaggyBoatswain 3y agoWhen I started using Airbnb it definitely was more affordable than hotels Now a days I almost always book hotels instead - especially for 1-2 day visits - as it always tends to be cheaper, less complications, and offer more value imo
- mseidl 3y agoWell they used VC money to subsidize the rides. Now I've heard they can cost more than taxis. I'd never use it though.