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Comment by whack

Keep in mind that even though you may not like AirBNB, you're still benefiting from their service. AirBNB has greatly increased the supply of housing in each city, thus causing price drops and forcing hotels to drop their prices in order to remain competitive.

If AirBNB really is overpriced for the hassles involved, then no one would use it, and AirBNB hosts would be forced to lower their prices until they find someone. If you're seeing that AirBNB is just as expensive as hotels, that's because some other tourists had decided that an AirBNB accommodation fits their needs just as well as the hotels they looked at.

parent whack 9 years ago

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