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Topicgoing overseas this spring, tips for airbnb?
SmartMuffin
03/09/18 5:18:56 PM
#24:


Do you not understand how economics works?

Cost is basically irrelevant. Willingness to pay is.

If an AirBNB can provide an equal quality experience, they'd charge just as much as the hotel. If they're charging less, it's because people desire what they have to offer less.

Some of that is things directly related to staff/service. But certainly not all.
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