Yeah I just see the same complaints about how it’s no longer a good value. “I remember when Airbnb was cheaper than a hotel” meanwhile Costs to run a vacation rental with cleaning and maintenance have skyrocketed since 2020. For example, in 2019 I was quoted $4800 for a new HVAC system. Same house now would cost $9500-$13k. Rental Rates peaked in late 2022 and are nearly now back to pre Covid rates maybe just 25% higher at most. It’s extremely difficult to find any house now that even works numbers wise. Regulation risk is high. You can be doing fine and then be in a market that just decides they no longer want vacation rentals to operate and regulate you out of business.
But really think about this, Why should a vacation rental with say 2bdr 2bath , (Hell even some nights my 4/2 with private pool and spa is the same cost as a single room at a nice hotel room) with a full kitchen and a garage to park in be cheaper than a hotel room where it’s a single room with 2 q beds and 1 bathroom to share. & no kitchen. Airbnb started in 2008.
1 , Houses were dirt cheap from 2009-2016.
2 , Interest rates were low even for investment properties 4.5-5% now they are 7%+
3, Cleaners cost maybe 1/3 of what they do now.
4, Those were amazing years to book an Airbnb because you were booking with owners that didn’t have a clue how to price appropriately. Now there are demand based pricing tools.
You just can’t compare those years to today when you are thinking about value. Those days of cheap Airbnb are over.
So everything else is supposed to go up over time , except for Airbnb rates ? This doesn’t make sense.
@Exysay_Eastbay@OrevaZSN This is I’m sorry, just a silly comment. If you want more housing, talk to your local zoning offices. Talk to your politicians. Vacation rental homes are under 2% of the entire housing supply. They have existed for 100 years. They are just now more accessible.
You answered your own question here. The cleaners charge the same for both scenarios. Whether it’s a 2 day stay or a 1 week stay. Whether it’s dirty or not dirty. We pay the same and so do you. A turnover is a turnover. If the cleaners charge the owner $225 you’re paying $225 whether you stay 1 day or 7 days. Period end of story.
Listen, taking your garbage 40 ft to the bins outside and not leaving a pile of greasy dishes in the sink that attracts insects isn’t asking much. We are trying to prevent ants and bugs from attacking that garbage when you leave at 6am for your flight but the cleaners aren’t scheduled to arrive until 11:30am after the normal check out time. How hard is that to understand? Why is human decency even a debate. I agree if any host is asking any more than this. Ie stripping beds , washing any linens , sweeping floors etc. thats asking too much.
@joecit@TwistedFocus99@OrevaZSN You pay for it in the nightly rate. It’s literally the same just on Airbnb it’s broken out as a line item. You think hotel cleaners work for free? You’re paying for it!
@athonystaxxx@TwistedFocus99@OrevaZSN So you mean you want to spend your last 1/2 day on vacation rather than sleeping in you want to wake at 6am and start washing linens, making beds , sanitizing surfaces, sweeping & mopping floors, refilling toiletries. Or would you rather just pay the cleaning fee?
@Avy11806063@RenaissanceCboy@KrownCryptoCave 1 btc is 1 btc. By now it should be no surprise to anyone that if you buy in a bull run that you are potentially subject to a 50% haircut. Imagine buying a 50 vol asset and not expecting volatility. Give it 5 years and continue to dca and then run those numbers again.
@HasturYLK@Bkclaims You think they can’t sell OTC the same way they buy. If they can buy without pushing the price up why would they not be able to sell a bit in the same way.
In 1971, the U.S. went off the gold standard.
The money supply was $628 billion.
Today it’s $22.7 trillion.
That’s a 3,500% increase in dollars, issued at a rate of $46 million per hour for 55 years straight.
The cost? The value of your savings.
Bitcoin is for everyone. Every company and every country. This is exactly the message Saylor has been trying to convey for years. Bitcoin doesn’t care what you think is right or wrong for it. You can sit here and say that knowing the awareness that Saylor has brought to the space since 2020? Knowing that he’s tried to educate other corporate leaders. You may not like him or what he’s doing but he’s absolutely been a positive force for Bitcoin. That’s undeniable imo.
Free @JoshMandell6. Take criticism seriously and consider hiring him as head of options trading desk.
Maximize revenue from the software side of the business and create a NEW revenue stream with options. Bolster cash reserves back to 24mos & use only new revenue streams to retire converts & Strd ,strf. Simplify to Mstr, strk, strc.
Do exactly as your guidance says you will do. Do not deviate from guidance without explanation why and provide the new guidance in advance.
Restore confidence & Let the commons run!
@ChrisMMillas@Vinshid89 I don’t mind Samson Mow idea of selling some OTC to Bstr to replenish the 2yrs of cash. 5yrs cash on hand seems a bit excessive.
@ChrisMMillas 5 years ? Are you insane. No need to hold
That many melting ice cubes when you can hold the hardest money there has ever been. How did we go from 18mos to wanting 5yrs of cash. Especially at a time when btc is undervalued. Make that make sense my guy.