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The locals problem seems easy to follow but why do tourists continue picking the airbnb style offers if they are so over priced?
by zamadatix 2y ago
The locals problem seems easy to follow but why do tourists continue picking the airbnb style offers if they are so over priced?
- alistairSH 2y agoOverpriced relative to a long-term rental in the same area. Airbnb is a nightly rate that competes with hotel pries. Long-term rentals are a monthly rate that is usually much less than the nightly rate of a hotel or Airbnb. Example: A hotel near my house is about ~$400/night. Or ~$12,000/month. Rent for a 1-bed apartment across the street is about $3000/month.