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Lessons learnedExperience excerpt · English

I'm a digital nomad

I'm a digital nomad. One luggage, no permanent home, been fifteen years. I used to use AirBnB all the time. They gradually become more and more, well, "large company". Governments gradually made AirBnB illegal or effectively illegal, largely or wholly killing off AirBnB in given cities, or countries. For example, it used to be about impossible to get into Amsterdam, because of rent control and renting regulations; no supply of places to let. Then AirBnB came along, and everyone and their dog let places on AirBnB. You could get in, and at a good price. Then AirBnB was essentially banned, and now you can't get into Amsterdam. It was always that there were a lot of people offering places who didn't know how to price what they had; so you'd see a lot of properties, but a lot were crazy money. Still, if there were enough, there would be enough places at sane prices you'd get somewhere. These days, I still look at AirBnB, but I see that their fees have continually risen over time, and are now like 10% or 15%, and there's just no content. I was in Paris last couple of months. …

Original discussionAirbnb is banning indoor security cameras505 source comments · at import
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BO

AirBNB "when it started" was quite likely to find you quirky and cheap options. Now it's commoditized and a business, and the quirky and cheap options are few and far between. Part of the degradation is both the company, the sellers, and the buyers - back in the very beginning it wasn't well known and most of the customers were well behaved - I'm not sure that's entirely the case now, as the customer base has grown.

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BO

All of the above makes total sense (to me) when you realize that people don't know how to price rentals at all - just like the average person doesn't know how to price restaurant food. When you know truly how to price (and cost!) something, you know when and where you can offer discounts. If cost to acquire a tenant is $2k, then the discount to preserve a good tenant should be about $2k per tenant turnover time .

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SC

I think it’s a good thing that laws are being passed to make it mostly impossible for AirBnbs to be in residential areas and to make it easier for residents to find affordable houses instead of tourists

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CU

> The one and critical thing AirBnB got right was building into their platform the expectation owners would offer discounts for stays over a week, or over a month. I'm also a digital nomad. new country every 1-3 months and I completely agree. I'd love to find an alternative but the one month discount is critical for keeping my costs fairly low. booking doesn't even allow you to book over 30 days.

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DO

> For example, it used to be about impossible to get into Amsterdam, because of rent control and renting regulations; no supply of places to let. Then AirBnB came along, and everyone and their dog let places on AirBnB. You could get in, and at a good price. Then AirBnB was essentially banned, and now you can't get into Amsterdam. Slightly off topic, and not aimed at you in particular but at tourists in general: For the love of god visit other cities than Amsterdam. Amsterdam is expensive and overcrowded. There's a whole country worth of interesting places to visit instead.

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OK

> now you can't get into Amsterdam. On the plus side, locals can still find somewhere to rent, and Amsterdam hasn't turned into a theme park.

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