Posted on 02/05/2017 4:54:22 PM PST by SoFloFreeper
It is no secret to anyone paying attention that the tech industry loathes president-elect Trump and his supporters...
The latest such bit of pettiness comes from the sharing company Airbnb, which enables users to “share” their homes or apartments with visitors, ostensibly at reduced rates relative to the native hospitality industry. However, tellingly, a major exception to that “affordability” standard appears to revolve around housing for – what else? – Trump’s inauguration.
Specifically, Airbnb users in and around Washington, D.C., appear to be engaging in flagrant price gouging with absolutely no curtailment from the company. One home that usually runs only $165 per night shoots to $819 per night the weekend of the inauguration. Another that runs only $96 per night most of the time runs $957 the weekend of the inauguration. Perhaps most comically, one shared room that usually runs only $19 per night hits a mind-boggling $1062 the weekend of the inauguration.
The whole piece is quite good, explaining how Airbnb is engaging in discrimination.
This is unfettered capitalism on display. Without other evidence, it cannot be said to be “anti-Trump.” The prices reflect an expectation that people will be willing to pay that much.
Have you read the entire article? My guess is that, based on the speed of your response to the thread, the answer is no.
The author addresses your observation.
If they don't want me there, I don't want to be there.
Besides, anyone with more than two brain cells knows conservatives are a much better risk than commies.
Prices usually go up for major events. Supply vs demand.
LAWWWWW SUIT
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Their loss!
Price yourself out of the market, and get nothing.
It is supply and demand.
But these people are d*cks none the less, and seemed to not understand the concept of not pricing themselves out of the market.
I guess you can just keep putting up with people using your houses to film gay porn, then.
You’re right. Any local event jack’s up the price in every case. The place I rented from Air B&B for the Desert Trip concert normally rents for like $550 per night. For the first week concert the house cost $1,650 per night Thursday to Monday rental only...
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Seems to prove my point.
They’re typical Hillarians, and deserve to lose.
What’s new?
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Please excerpt that part of the article.
Do you mean the part that says the following?
Airbnb’s defenders will no doubt insist this is just the free market at work. A simple fact obviously militates against that: area hotels such as the Georgetown Best Western run between $300-$400/night as of press time. Expand your search to the DC metro region outside Washington proper and you see rooms going in the high 200s.And that’s for a non-shared room. If the market really demanded that even shared rooms were worth over $1000, you would expect even the cheapest motels to be either sold out or going for multiple thousands of dollars on inauguration weekend. Instead, you see area hotels charging rates that are high, but by no means insanely crippling to an average consumer. In other words, this cannot be a market rate taking command.
That's kind of weak. If the stores have all sold out of apples at a quarter each, anyone who has apples at home might well sell them for a dollar each if anyone will pay the price. And note the part toward the end that says:
Secondly, not all Airbnb users are normal citizens seeking to rent out residential properties. Many are actually hotels,...In other words, it is very likely that at least some of the rooms being offered at exorbitant rates during inauguration are being offered by ostensibly "full" hotels looking to scalp consumers,...
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