Re:Turns out claims Airbnb was taking houses out of the rent...
by foldr on Sunday March 22, 2020 @05:21AM
(#22653746)
I've always suspected that being an Airbnb host appears to be much more profitable than it really is because hosts are not properly insured.
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Re:Turns out claims Airbnb was taking houses out of the rent...
by stevekemp on Sunday March 22, 2020 @09:13AM
(#22654710)
I wonder if it would even make a difference? I used to be a landlord in Scotland, and now am in Finland.
For landlord insurance I'd pay about £300/year in Scotland, and €60/year in Finland. I'd be surprised if there were short-term policies, as distinct from long-term-tenant policies, that we significantly more expensive than that.
Re:Turns out claims Airbnb was taking houses out of the rent...
by foldr on Monday March 23, 2020 @05:59AM
(#22662466)
The risk from taking on multiple short-term tenants with no real background checks is surely much greater. Especially given that the tenants have no real incentive to behave well or keep the property in good condition.