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Using Airbnb to make money
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<blockquote data-quote="Philly215" data-source="post: 199996" data-attributes="member: 3122"><p>Yeah, eventually this will go back to supply/demand and the government will eventually regulate it.</p><p></p><p>Since people have started making money from renting, and travelers are finding cheaper rates, its only a matter of time until the supply gets larger, demand gets smaller, and margins get thinner. Throw in new taxes and restrictions, and possibly higher fees, if rates on average get lower, its much less appealing.</p><p></p><p>This will all even out in the end with hotels, just like Uber will even out with cabs once the government and basic economics correct it.</p></blockquote><p></p>
[QUOTE="Philly215, post: 199996, member: 3122"] Yeah, eventually this will go back to supply/demand and the government will eventually regulate it. Since people have started making money from renting, and travelers are finding cheaper rates, its only a matter of time until the supply gets larger, demand gets smaller, and margins get thinner. Throw in new taxes and restrictions, and possibly higher fees, if rates on average get lower, its much less appealing. This will all even out in the end with hotels, just like Uber will even out with cabs once the government and basic economics correct it. [/QUOTE]
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