In this monthly piece, I’m going to focus on the fun and interesting news coming out about Airbnb. I’ll mostly be ignoring news from governments and special-interest groups about regulation, litigation, taxes, housing crisis, etc.
I’m hoping this is a PR stunt. It’s always been my opinion that someone should be able to do whatever they want with their home. Why don’t these big cities embrace their housing crisis and work on increasing the housing stock rather than creating laws? After all, a housing crisis means the city is desirable and people want to be there, right? Doesn’t sound like something they should be limiting.
If you’ve been even remotely following my blogs, you’d likely describe me as an Airbnb fanboy. I am. I love Airbnb. But, I also prefer to keep an open mind. Can someone please tell me why or how it would be Airbnb’s fault in this case? Please tell me in the comments.
The host or landlord didn’t properly secure or maintain this balcony. The fault would rest with them. If this happened at a dinner party with the owners/hosts or landlords friends, it surely wouldn’t be Airbnb’s fault, right?
Airbnb inches its way into China. Click To Tweet
Lots of interesting facts in here:
Airbnb has 75,000 listings in China at about 8-12% occupancy
Airbnb’s largest Chinese competitor, Tujia, has 450,000 listings, but only 1% occupancy
Airbnb has 30 employees in China
Uber lost $2b until it pulled out of China
I’ve been saying this for years, but finally, some experts with data are making headlines:
“According to Zillow’s latest Home Price Expectations Survey, a majority of housing experts think that short-term rentals like Airbnb and HomeAway have little to no impact on housing supply and affordability.”Majority of housing experts think short-term rentals have little to no impact on housing. Click To Tweet
It’s simple. If you have 300k units available for rent (like San Francisco) and 2-3k units taken off the rental market in favor of Airbnb, then Airbnb is affecting the housing crisis by 0.8%. That would be a rounding error.
Just take a look at these photos! Airbnb international HQ is pretty amazing.