Let’s start by looking at how airbnb went from a site for renting airbeds in san francisco apartments to a platform banned in berlin. Starting with airbed and breakfast. Airbnb has been defined as a way for young people to get temporary accommodation cheaply if they want to. With the recognition of this form of life. It began to transform into a short-term holiday rental company and changed its name to airbnb as everyone knew it. Not only does it provide a way for people to earn extra income by renting out spare rooms. But it also provides a platform for homeowners and businesses to market their properties and apartments.
The new tragedy of the commons
Now airbnb has grown into a global short-term Cameroon WhatsApp Number List rental platform where hosts can rent out their properties to tourists around the world. But now. Airbnb has been exploited by large real estate agents with hundreds of listings. Airbnb wants to disrupt the hotel industry. And it’s gradually happening. But an unintended consequence: airbnb has affected the long-term rental market in popular cities such as barcelona. amsterdam. And paris. In these cities. In addition to choosing to continue to accept a stable. But lower-paying. Long-term lease. Hosts can also choose to use airbnb to earn short-term high-income returns. Driven by a low-friction market . Hosts have seen a significant increase in visible short-term revenue. Low-friction market:
The new design center
with the development of network technology. The Cameroon WhatsApp Number List production and transaction costs of certain products (such as copying a piece of software) are approaching zero. And at the same time. The network makes the search and distribution costs generated in the industrial society with asymmetric information basically disappear. Thus making the existing business model has leapt out of the “Traditional economy’s bloated circulation links and high-cost business model”. Under this new economic model. The economy follows the mechanism of increasing marginal returns (overturning the efficiency theory. Diminishing marginal returns theory and cost efficiency theory in western economics). And the larger the market share occupied by the enterprise. The greater the profit. More. That is.