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RE: Challenges in Running an Airbnb Business - My Road To Financial Freedom

in LeoFinancelast year

Yeah I came across a Youtube video before discussing the negative effects of Airbnb. not only does it drive rates up but also pushes long term renters away from prime locations. Revenue of hotel also saw drops since so many are converting their spaces to airbnb and their rates are lower than that of a hotel. For what it's worth, the way I price mine is not opportunistic and I am still hoping to find long term renters.