Comment Comment by B1FF_PSUVM > to a severe shortage in apartmentsYou're looking at it wrong.What AirBnB does is allow apartments to be rented as hotel rooms, at prices somewhere in-between.Thus you get mostly empty hotels and lots of mostly empty apartments (1/3 or 1/4 use yields better money than full-time rent).You've inverse-optimized resource usage. parent B1FF_PSUVM 10 years ago
You're looking at it wrong.
What AirBnB does is allow apartments to be rented as hotel rooms, at prices somewhere in-between.
Thus you get mostly empty hotels and lots of mostly empty apartments (1/3 or 1/4 use yields better money than full-time rent).
You've inverse-optimized resource usage.