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I bet he does, because Uber subsidizes over 50% of the ride. If they didn't, no one would take Uber.

It's not difficult to know how that particular story is going to end.



What about Airbnb?


I travel frequently, for both business and pleasure. Over 120K miles flown last year; 100+ nights away from home.

I've basically stopped using AirBnB entirely unless there is a 2x difference in price between a comparable hotel.

AirBnB is suffering the same product issues as Uber. Most of the listings now are from professional hosts with multiple properties. This is especially true in "hot" cities. As a result, quality of rentals have really declined from a few years ago, and anecdotally, the prices have also gone up - with all the various fees, it's really not that much cheaper than a hotel. And worse than a hotel, you have little to no recourse when something goes sideways.




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