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Post by High Priestess on Jul 16, 2016 14:17:04 GMT
See the article: www.salon.com/2016/07/15/cashing_in_on_the_rnc_clevelanders_are_making_a_buck_on_airbnb_but_will_they_get_rich_quick/A search on Airbnb shows that the average price for a rental in Cleveland for the dates of the convention is $899 per night, as of Thursday. For context, the 2014 American Community Survey (the most recent year for which data is available) estimated median housing costs for Cleveland renters at $661 per month. However, Cleveland’s high average price for convention week doesn’t necessarily reflect the rates rentals are actually being booked at. An Airbnb spokesperson told Cleveland.com this week that the median nightly booking price is just $260, meaning most listers won’t be getting rich quick.
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