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Apple put out similar hand-wavey figures last year: https://www.apple.com/about/job-creation/ https://www.apple.com/about/job-creation/ I think the point boils
by nonchalance 13y ago
Apple put out similar hand-wavey figures last year: https://www.apple.com/about/job-creation/ https://www.apple.com/about/job-creation/
I think the point boils down to:
1) dollars paid to hosts are counted towards the city economy (ostensibly most of those would be spent in the city) -- this is direct
2) renters need to eat etc, and those monies should be counted to the economic activity -- this is indirect
- dominotw 13y ago>renters need to eat etc Wouldn't they have to eat regardless of where they stay?
- nonchalance 13y agoIf you are staying for a day or two, you most likely would go out and eat your meals (including breakfast). For longer stays, especially with kitchen access, you probably would buy cereal, milk, juice, and other items. If you are estimating the cost of food based on average or median restaurant, you aren't capturing the true dynamics (note: as they said in the report, the average stay is close to a week in length)