https://www.cnbc.com/2020/04/22/airbnb-hosts-getting-almost-nothing-from-250-million-relief-fund.html
Among the few hosts who have received a payment from Airbnb is Thierry Rignol, who has about 80 Airbnb listings across Houston, Dallas, Denver, Seattle and Portland, Oregon.ย
After Airbnb changed its cancellation policy, Rignol says he lost more than $30,500 through 50 reservation cancellations.ย
"It was a bloodbath," Rignol said.ย
#housing #mortgage #airbnb #landlordinvest
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Airbnb hosts say they're getting nothing or comically small payments from $250 million relief fund, call it a 'publicity stunt'
comments
It's a huge scam and Airbnb should be regulated a lot more than they currently are
I mean you get higher daily pay, but you have to pay for cleaners everytime, airbnb gets a cut, and you have lots of downtime on the property.
If your property is in a good neighborhood, there is no downtime.
There are millions of cars on the road and with historic unemployment highs, there will be no shortage of people diving into the gig economy. All anyone need is a car.
Airbnb hosts on the other side.. you can't just buy a house, decorate it and put it on Airbnb. There is less supply here. The company needs to keep it's hosts happy so they will not withdraw from Airbnb altogether, killing the company in the process. I am not aware of the exact payments but Airbnb has a lot more to lose if hosts withdraw from the platform
Theyโre just asking to be sued.
But if this host with 80 listings who is brazenly demanding relief is any indication, these restrictions are hard to enforce for municipal governments.
This also goes to show how the typical host isn't someone who is trying to make ends meet, but an opportunist who operates hotels using residential property. Not too dissimilar from people who buy up all the TP in the grocery store.
Airhosts forum is depressing to read.