Airbnb V rent a room?

lightspeed

Im sure airbnb has been discussed before but im just curious how steady the flow of income is to make it worthwhile for the host?

I know accommodation in tourist areas are more likely to have a greater number of bookings than those more remote and at city outskirts.

When i check to book a room in in say city centre dublin, it shows this month and next few months unavailable but i cant tell if that means they are booked already or if host has just not listed them as available.

For example ive seen 2 bedroom apartment in dublin 7 with decent amount of reviews for €49 a night. So lets say the host is booked up for 25 nights a month, that works out at €1225.

yet id imagine the host would get more than that per month with standard lease.

Considering you have to pay tax of 51% if at the marginal rate, id imagine there probably would not be a huge difference if you just rented out 1 room and were living in the other to avail of rent a room scheme.

Does anyone know generally, even in decent location is it likely that a host is booked up all year round so that is more profitable than standard long term lease?

TresGats

http://insideairbnb.com/dublin/

You should find a fair bit of data in that to work it out.

Baby01032012

airdna.com is the leader in airbnb analysis...you can view individual properties on the map or buy the latest statistics for dublin or your particular area which will give the occupancy rates, daily revenue  by property type and by month..

lightspeed

TresGats wrote: »

http://insideairbnb.com/dublin/

You should find a fair bit of data in that to work it out.

Just had a look through the above and whist it makes for interesting reading id question its accuracy and independence.

For example for estimating number of bookings it mentions the following:

"The minimum stay, price and number of reviews have been used to estimate the occupancy rate, the number of nights per year and the income per month for each listing".

What about people who stay and then dont leave a review? Im sure there are plenty so they will be excluded from any of the above.

Also many seems to estimate quite low returns considering return on long term lease from landlords perspective. Like many in city centre dublin seem to estimate monthly returns of little over €800 when as we all know many of which apartments in Dublin could probably command close to double that figure the way rent as gone.

Further, when i clicked on the "behind" section there seems to be links to anti-eviction and social justice groups which id say are probably opposed to Airbnb in general. Some text from website kind of leads me to believe their is an anti airbnb bias from website.


"Entire homes or apartments highly available year-round for tourists, probably don't have the owner present, could be illegal, and more importantly, are displacing residents".


"Hosts with multiple listings are more likely to be running a business, are unlikely to be living in the property, and in violation of most short term rental laws designed to protect residential housing".

GGTrek

lightspeed wrote: »

TresGats wrote: »

http://insideairbnb.com/dublin/

You should find a fair bit of data in that to work it out.

Just had a look through the above and whist it makes for interesting reading id question its accuracy and independence.

For example for estimating number of bookings it mentions the following:

"The minimum stay, price and number of reviews have been used to estimate the occupancy rate, the number of nights per year and the income per month for each listing".

What about people who stay and then dont leave a review? Im sure there are plenty so they will be excluded from any of the above.

Also many seems to estimate quite low returns considering return on long term lease from landlords perspective. Like many in city centre dublin seem to estimate monthly  returns of little over €800 when as we all know many of which apartments in Dublin could probably command close to double that figure the way rent as gone.

Further, when i clicked on the "behind" section there seems to be links to anti-eviction and social justice groups which id say are probably opposed to Airbnb in general. Some text from website kind of leads me to believe their is an anti airbnb bias from website.


"Entire homes or apartments highly available  year-round for tourists, probably don't have the owner present, could  be illegal, and more importantly, are displacing residents".


"Hosts with multiple listings are more likely to be running a business,  are unlikely to be living in the property, and in violation of most  short term rental laws designed to protect residential housing".

Bingo! The guy behind insideairbnb.com is Murray Cox, :
http://www.murraycox.com/venezuela/sowing-the-seeds-of-revolution/
http://www.murraycox.com/venezuela/aracal/
I would not even look at the data he concocted in insideairbnb.com. The author is a self declared supporter of Bolivarian socialism (we know how well it is going down in Venezuela now) and definitely not independent as he wants to appear. He has actually got a very clear political agenda that he is trying to hide in the airbnb site, but it is easy to trace him down with a few google searches. The guy hates free enterprise and he was partnering with the infamous Mark Weisbrot:
https://revista.drclas.harvard.edu/book/poverty-reduction-venezuela
These people did real damage (hunger and death) to millions of people in Venezuela and I really want to make clear the kind of political agenda they are trying to push through their manipulated data. Sure there are some parties in Ireland who might actually like their ideas, but luckily (in my opinion) they are (still) in a minority situation.