3 ms·
The way to reduce the number of airbnbs is to allow more hotels to be built and in better parts of the cities. The idea that full-time airbnbs could ever compl
by scoofy 3y ago
The way to reduce the number of airbnbs is to allow more hotels to be built and in better parts of the cities.
The idea that full-time airbnbs could ever complete with the brutal efficiency of the hotel industry is crazy, but again, the only reason why AirBnB exists is to capture the some of the real estate value created by the artificial real estate shortage.
- teeray 3y ago> allow more hotels to be built This won’t solve the problem because AirBnB is a fundamentally different lodging stock that meets different market demands. A traditional hotel cannot reasonably accommodate a group of friends / a few families that want to stay together, cook together, eat, and recreate in the same living space. The most a hotel can usually offer is a sad suite with an efficiency kitchen. More often it’s connected rooms with Grandma and Grandpa three floors away and another Aunt and Uncle in the other tower of the hotel.
- scoofy 3y agoI mean, I both disagree, and reject the point regardless. The vast majority of instances of vacationers could be supplied by hotels if it were easy and legal to build multi-unit hotels. If there are use cases where Airbnb is superior, so be it but demand for Airbnb units would drop significantly if the vast majority of folks can stay in a hotel for a better price-to-product value.