3 ms·
Basic economics, AirBnB suffers too: http://i.investopedia.com/inv/articles/site/micro3.7.gif http://i.investopedia.com/inv/articles/site/micro3.7.gif
by mslate 12y ago
Basic economics, AirBnB suffers too: http://i.investopedia.com/inv/articles/site/micro3.7.gif http://i.investopedia.com/inv/articles/site/micro3.7.gif
- nostromo 12y agoYes, but how much depends on how elastic supply is, which is always an important consideration with real estate. http://peakwatch.typepad.com/photos/research_images/fixed_supply_and_demand.jpg http://peakwatch.typepad.com/photos/research_images/fixed_su...
- stefan_kendall3 12y agoGiven the existence of hotels and craigslist, I'd say extremely elastic.