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by dysoco
1262 days ago
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> Why there is demand for offers somewhere between hotels and long-term rentals, which frequently are completely out of reach of those who have to move to a new city in a short notice. You see that's the problem, I'm not in the US or Europe, long-term rentals are traded in local currency, in a price reasonable to the local economy, whereas AirBnbs are traded in USD at a more global price reasonable for tourists (which is crazy expensive for us, considering our minimum wage is pennies in USD). Moreover, long-term rentals have certain regulations that favor tenants, like, you can't raise the prices a massive amount compared to inflation while the contract is valid, etc. AirBnbs are not regulated. |
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