News for hackers. Stuff that matters.
Re:The Rise of the Professional Airbnb Investor by Spooky23 on Sunday February 19, 2017 @08:37AM (#13679606)
Well, duh.

Hotels are pretty profitable too. If you take a hotel and remove the requirements for safety regulation, taxes, use of commercial real estate and provision of amenities, it will be more profitable.

Airbnb is great because the company turns a blind eye to many things and makes it easy.

Re:The Rise of the Professional Airbnb Investor by _red on Sunday February 19, 2017 @09:07AM (#13679749)
While this is true, it conviently leaves out the important question: Who pushed for those regulations?

Many of those regulations that affect hotels were pushed by the large hotel groups - regulation is simply the most cost effective way for large multinationals companies to keep out competition.

The regulation act as a floor that essentially ensures that only projects of $X millions of capitalization makes sense to pursue, which by default favors the large hotel chains.

Re:The Rise of the Professional Airbnb Investor by Spooky23 on Monday February 20, 2017 @02:28PM (#13690142)
That's a common argument that really doesn't hold any water.

The average mid market hotel (Holiday Inn, Hampton Inn) costs $50-75k per room to build, with the typical project costing $6-8M. Nearly all hotels like this are built from standardized components and are owned by small local or regional operators.

If you go downmarket, that cost goes in half. If you look at older, but still legally compliant hotel property, acquisition cost is probably $5-10k/room in many markets. Obviously big city hotels costs more to build/buy and operate. That's why a NYC hotel is often 2x-3x other places -- and that is being challenged by lower operating cost business models.

The large hotel chains don't own a lot of property. They are brands who license their trademarks and access to their reservation system.

Re:The Rise of the Professional Airbnb Investor by yummyfajitas on Sunday February 19, 2017 @08:57AM (#13679698)
Given that there don't seem to be any major harms caused by the lack of safety regulation and amenities on AirBnB, it seems like we can conclude that the hotel regulations are unnecessary.

Surely, as people who favor good governance rather than just arbitrary governance, we can all favor eliminating those costly and pointless regulations now? Or do we just favor arbitrary regulations just because we like regulations?

Re:The Rise of the Professional Airbnb Investor by Spooky23 on Sunday February 19, 2017 @09:58AM (#13679998)
That's right... nobody gets raped in airbnb rooms (http://www.airbnbhell.com/i-was-gang-raped-in-budapest-and-a...), or watched by creepy host (http://www.apartmenttherapy.com/this-is-terrifying-your-airb...), or bait and switched (https://news.ycombinator.com/item?id=8063313), of firetraps (http://www.dailydot.com/via/things-i-learned-airbnb-caught-f...).

The regulatory model around hotels is good governance.

Re:The Rise of the Professional Airbnb Investor by Sacho on Sunday February 19, 2017 @10:52AM (#13680222)
Ehh...you'd need to prove that the regulations on hotels reduce the amount of these incidents, and then also make an argument that reducing these incidents is worth the amount of regulation. Anecdotes don't cover 1) (unless you want me to show counter-anecdotes of people being raped in hotels, etc..), but let's assume you've provided statistical information that hotel regulations provide a 50% decrease in such incidents. You still haven't articulated why you think the regulations are worth the extra safety. As a counter-argument, here's a reductio ad absurdum - it would make hotels even safer if they installed cameras in each room and hired enough security to monitor all video feeds.
Re:The Rise of the Professional Airbnb Investor by Spooky23 on Sunday February 19, 2017 @11:23AM (#13680398)
Your ignorance doesn't put a burden on me. Spend 15 minutes to do some googling.

Fire safety is the most obvious example. A modern hotel is engineered to slow down the spread of fire and preserve life. Sprinklers, fire resistant doors and walls, etc.

Airbnb is an awesome thing when it does what it initially did -- handle house rentals. When that business model failed to provide growth, they pivoted to the current model where they've become the eBay of real estate by turning a blind eye to obvious fraud and abuse.

Re:The Rise of the Professional Airbnb Investor by yummyfajitas on Sunday February 19, 2017 @11:56AM (#13680574)
I'm confused, why do short term rentals require a higher level of fire safety than long term ones? Is a long term renter burning to death acceptable for some reason?
Re:The Rise of the Professional Airbnb Investor by Spooky23 on Sunday February 19, 2017 @12:22PM (#13680726)
Your home is your castle and you cannot force someone to fix their house, absent a modification.

If you legally convert your property to a hotel, that use change triggers a need to become code compliant.

Also, accidents are more likely to happen with short term rentals. People tend to take care of their stuff better than someone else's.

Re:The Rise of the Professional Airbnb Investor by yummyfajitas on Sunday February 19, 2017 @12:35PM (#13680783)
Your home is your castle and you cannot force someone to fix their house, absent a modification.

That's what the law currently says. Since you are so worried that people might burn to death, why shouldn't we change this law?

Re:The Rise of the Professional Airbnb Investor by someguydave on Sunday February 19, 2017 @10:40AM (#13680178)
It is probably true that hotels are somewhat safer than rando's apartments. Is the increased safety of hotels worth their cost in terms of barriers to entry in the short-term leasing market?
Re:The Rise of the Professional Airbnb Investor by yummyfajitas on Sunday February 19, 2017 @11:21AM (#13680377)
If people get raped, spied or burned to death on in ordinary residences, does that mean we should impose hotel-like regulation on residential flats as well?

If not, why not?

Re:The Rise of the Professional Airbnb Investor by Spooky23 on Sunday February 19, 2017 @02:40PM (#13681507)
We do.

It's called building codes. We don't allow balloon frame houses anymore, for example.

With commercial property rules can be applied differently. Airbnb just dumps responsibility on others.

Unfortunately that means if you're in a wheelchair, are a victim of a crime due to lax judgement/practice by the property owner, or die in a fire because there's no lit sign pointing to the stairs, you as a "guest" and the "host" are fucked.

Re:The Rise of the Professional Airbnb Investor by brainfire on Sunday February 19, 2017 @09:28AM (#13679860)
Why are you so confident there hasn't been any harm?
Re:The Rise of the Professional Airbnb Investor by yummyfajitas on Sunday February 19, 2017 @09:34AM (#13679886)
Mainly because the critics seem unable to cite anything beyond "I saw strangers coming out of my neighbor's bedroom" and occasionally "some strangers were making noise in my neighbor's bedroom".
Re:The Rise of the Professional Airbnb Investor by paulpauper on Sunday February 19, 2017 @09:05AM (#13679738)
agree. Also the media tends to sensationalize anything bad that involves AirBNB and also Uber, but ignores problems that occur with hotels and taxis.
Re:The Rise of the Professional Airbnb Investor by expertentipp on Sunday February 19, 2017 @08:55AM (#13679692)
The problem is the hotel regulations went really far. To the extend that many hotels only care to fulfill the requirements and then to squeeze the last cent from the guests (e.g. infamous fridges with expensive beverages) while disregarding whether the place is cozy, pleasant, or friendly. Initially, the temporary rental platforms were challenging this pathological situation.