"In the past year, only about 340 units in SF were rented on Airbnb more than 211 nights, which is what Airbnb has calculated as the break-even point compared to long-term rental."
This just didn't sound right; and doing the quick math with the average one bedroom going for 3500.. To reach that 211 day number would mean that rentals on air bnb are going for about 200.
But doing a search in SF for air bnb the average rental is 422.. Now some of these are multi room, and some are just a couch.. but I can't seem to find a single 1 bedroom non-share for under 260.
This makes that 211 figure feel like its off. Which makes me feel that the 340 units is off.
Can we see the calculations used? Also is there a big jump in those units at 210 days.. 200 or 182..
I mean as a land lord if you only have to work half the year and make only a little less revenue; plus the positive of less liabilities I could see my self wanting to air bnb over rent out my unit.