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Airbnb shares drop 12% as company flags weakening US demand

theguardian.com

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Re: Airbnb shares drop 12% as company flags weakening US demand

#21

Post by mandevil »

nvy wrote: post #19
bamboozled wrote: post #13

Earlier quoted context omitted.

It's like tech people have to relearn why we had age old things in the first place. We're starting to workout why hotels are a good idea now. I saw Elon Musk questioning why we have medical regulations the other day, he was saying that it "slows down innovation" and so he thinks medical regulation should be abolished. He did the same for content moderation on his platform. Well I don't agree that regulations stifle i…

>I saw Elon Musk questioning why we have medical regulations the other day, he was saying that it "slows down innovation" and so he thinks medical regulation should be abolished Is he just posturing for his fans? I see so many statements of this nature from him and I just can't believe that a person that successful can be so monumentally stupid.

“We are what we pretend to be, so we must be careful about what we pretend to be.” - Kurt Vonnegut, Mother Night

Re: Airbnb shares drop 12% as company flags weakening US demand

#23

Post by kbos87 »

Most of the complaints you hear about Airbnb come off as off-the-shelf repeats of things people have read on social media. If you read reviews and pay attention to the listing there's little risk of having a bad experience or being surprised by a fee (which is extremely common at hotels.)

All that being said, if you actually get to the point where you need to engage Airbnb or Vrbo for help, they are actively harmful to the situation. The people on the other end of the phone or live chat don't have a single clue what is going on.

They deserve a correction.

Re: Airbnb shares drop 12% as company flags weakening US demand

#24

Post by jpalawaga »

nvy wrote: post #19
bamboozled wrote: post #13

Earlier quoted context omitted.

It's like tech people have to relearn why we had age old things in the first place. We're starting to workout why hotels are a good idea now. I saw Elon Musk questioning why we have medical regulations the other day, he was saying that it "slows down innovation" and so he thinks medical regulation should be abolished. He did the same for content moderation on his platform. Well I don't agree that regulations stifle i…

>I saw Elon Musk questioning why we have medical regulations the other day, he was saying that it "slows down innovation" and so he thinks medical regulation should be abolished Is he just posturing for his fans? I see so many statements of this nature from him and I just can't believe that a person that successful can be so monumentally stupid.

I see many, many tech people take an extremely simple position on a topic contrary to general knowledge.

Then they say something like 'I believe in strongly held beliefs, held weakly'.

I'm so bored of debating people with opinions on things they've spent zero time researching or even thinking about. Just say you don't know. It's okay.

Re: Airbnb shares drop 12% as company flags weakening US demand

#25

Post by ineedaj0b »

bamboozled wrote: post #13
webaholic wrote: post #2

With all the hidden fees and exorbitant cleaning fees, I think it is much cheaper to book a hotel than an airbnb nowadays. No wonder demand is going down.

It's like tech people have to relearn why we had age old things in the first place. We're starting to workout why hotels are a good idea now. I saw Elon Musk questioning why we have medical regulations the other day, he was saying that it "slows down innovation" and so he thinks medical regulation should be abolished. He did the same for content moderation on his platform. Well I don't agree that regulations stifle i…

The popular talking point is the FDA slowing things down. The large criticism given by most is the FDA not allowing drugs already approved by other large foreign medical regulation to be used, like the NHS or Australia's review body.

There is moderation on Twitter today things do occasionally get removed like death threats and the ilk.

You're likely misremembering his 'medical regulation = bad' arguments, and misremembering his twitter content policies as well.

Re: Airbnb shares drop 12% as company flags weakening US demand

#26

Post by jondwillis »

tmpz22 wrote: post #4

It feels good as a consumer to finally see companies face stock price consequences for tanking quality while jacking up prices. Though its a wildly different market the same is happening for Starbucks and McDonalds.

It's all fun and games until businesses just stop ceasing their already-hobbled services instead and start to shed employees... oops now you have a deflationary spiral with decline of quality of life.

Re: Airbnb shares drop 12% as company flags weakening US demand

#27

Post by Tiktaalik »

British Columbia has effectively banned whole house Airbnb rentals Province wide, and it's no longer possible to buy a condo and rent it out 24/7 as if it was a hotel.*

Have any other States enacted rules this severe? Are any about to?

Various cities have enacted Airbnb regulations, but it's at the State/Provincial level where enforcement would start to have real teeth and Airbnb would genuinely start to be in trouble.

* Exceptions: Municipalities below 10k and those with rental vacancy above 3% can opt out of the rules.

Re: Airbnb shares drop 12% as company flags weakening US demand

#28

Post by roenxi »

avery17 wrote: post #20
bamboozled wrote: post #13

Earlier quoted context omitted.

It's like tech people have to relearn why we had age old things in the first place. We're starting to workout why hotels are a good idea now. I saw Elon Musk questioning why we have medical regulations the other day, he was saying that it "slows down innovation" and so he thinks medical regulation should be abolished. He did the same for content moderation on his platform. Well I don't agree that regulations stifle i…

Safety regulations are frequently written in blood.

If writing something in blood made it correct I'd keep a pot of mouse blood handy for math tests. The fact that safety regulation is written in blood is one of the tells that it is overdone - it should be written with a dispassionate and distant consideration of the costs and benefits.

The major argument for rolling back most safety regulations is the fact they are written in blood during what was, effectively, a moral panic. Just tightening the regulations every time something goes wrong leads, ironically, to bad outcomes. The optimum state is to tolerate some level of risk.

Re: Airbnb shares drop 12% as company flags weakening US demand

#29

Post by addaon »

djohnston wrote: post #14
olladecarne wrote: post #5

I used to use Airbnb all the time but a single experience dealing with their customer service and a bad host was enough for me to never use them again. The lows of using Airbnb are 100x lower than the lows of hotels, and the highs are higher but not nearly enough to justify the risk.

Yep 100%. It took one experience being stuck on the street in London with my bags to never use AirBnb again. The negatives are just not worth the risk.

I’m an AirBNB host, so I get a $100 non-transferable coupon each year; so I stay at an AirBNB once a year, and never without a backup plan. I’d be thrilled to stay at a place like mine, but I don’t understand how to use the tools they provide to be confident in that outcome, so I book hotels with brands that I trust to be accountable instead.

Re: Airbnb shares drop 12% as company flags weakening US demand

#30

Post by ineedaj0b »

jpalawaga wrote: post #24
nvy wrote: post #19

Earlier quoted context omitted.

>I saw Elon Musk questioning why we have medical regulations the other day, he was saying that it "slows down innovation" and so he thinks medical regulation should be abolished Is he just posturing for his fans? I see so many statements of this nature from him and I just can't believe that a person that successful can be so monumentally stupid.

I see many, many tech people take an extremely simple position on a topic contrary to general knowledge. Then they say something like 'I believe in strongly held beliefs, held weakly'. I'm so bored of debating people with opinions on things they've spent zero time researching or even thinking about. Just say you don't know. It's okay.

this is like complaining about small talk. small talk is meant to draw people in. same with saying outrageous things. no one wants to chat in depth immediately and saying wild things draws a crowd.

no one is going to talk with you if you're drawing out all the nuance of medical regulation (nearly an 5k essay to broach) with nuance.

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