4 ms·
Am I the only one who doesn't think $11M is really going to move the needle for SF OR AirBnB?
by jayshahtx 12y ago
Am I the only one who doesn't think $11M is really going to move the needle for SF OR AirBnB?
- baddox 12y agoI would imagine that a 14% price increase to the end user will absolutely move the needle. That's massive.
- refurb 12y agoI would guess they won't see anywhere close to $11M. People will simply start listing on Craiglist or other forums and avoid the whole AirBnB hassle.
- stefan_kendall3 12y agoYou don't collect revenue * tax when you introduce a tax. The artificially increased price pushes down the demand and will likely force suppliers off the market, lowering revenue overall. I could draw the supply and demand curve, but it's pretty straightforward.