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by alistairSH 722 days ago
Overpriced relative to a long-term rental in the same area.

Airbnb is a nightly rate that competes with hotel pries. Long-term rentals are a monthly rate that is usually much less than the nightly rate of a hotel or Airbnb.

Example: A hotel near my house is about ~$400/night. Or ~$12,000/month. Rent for a 1-bed apartment across the street is about $3000/month.