LogFAQs > #936522890

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Topic	Coronavirus is exposing how Airbnb caused rent worldwide to skyrocket
Frolex 03/31/20 3:48:50 AM #21:	Questionmarktarius posted... Why not ask why property owners would rather list on Airbnb than lease or sell? If things are so fucked up that it's better to rent the place a weekend at time rather than a year at a time, let's look at that. The fact the short-term rentals are more profitable per unit than long-term rentals is not an issue of how "things are so fucked up", it's a basic reality of how economics work. The problem with AirBnB is that it provides an easy way for property owners to transfer properties that have been zoned and developed for long-term rental into the short term rental market. --- https://imgur.com/HOLHd4k https://imgur.com/six2WTN <cite>Frolex posted [p:936522890] in Coronaviru... [t:78524258]...</cite> <quote>Questionmarktarius posted... </cite> <quote>Why not ask why property owners would rather list on Airbnb than lease or sell? If things are so fucked up that it's better to rent the place a weekend at time rather than a year at a time, let's look at that.</quote> The fact the short-term rentals are more profitable per unit than long-term rentals is not an issue of how "things are so fucked up", it's a basic reality of how economics work. The problem with AirBnB is that it provides an easy way for property owners to transfer properties that have been zoned and developed for long-term rental into the short term rental market. --- https://imgur.com/HOLHd4k https://imgur.com/six2WTN</quote> ... Copied to Clipboard!
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