Saturday, December 26, 2015

COLLEGE STUDENTS ARE RENTING OUT THEIR DORM ROOMS ON AIRBNB. WHAT COULD GO WRONG? PLENTY . . . - SARAH KESSLER, Fast Company

When Eduardo’s roommate moved out of his New York City dorm room before the summer term was finished, Eduardo saw a business opportunity. Here was an empty bed in a city where hotel rooms typically cost more than $200 per night. Renting it on Airbnb made so much sense that it didn’t even seem unusual. "I figured that renting out dorm space would just be a thing to do," he says. He listed the extra bed for $80 per night. The photo on his Airbnb page shows two twin beds, with a few feet of space between them. "About 150 sq. ft.," the description reads, adding, perhaps optimistically, "with ample closet space." So far, he estimates that he's made about $400. http://www.fastcompany.com/3054691/college-students-are-renting-their-dorm-rooms-on-airbnb-what-could-go-wrong

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