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ted (not lasso)
@ted
potentially dumb question but can someone explain the logic of “subletting” your apartment out for 2 weeks while you’re on vacation? like is rent really that high or are people really that cash strapped or what?
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six
@six
i think rent is high enough in some cities to justify it, and it's zero-downside to try
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six
@six
well i guess there is actually downside in letting a stranger into your home lmao
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agusti
@bleu.eth
lmaoo zero downside... i mean if you own 20 homes maybe you don't mind getting one trashed/robbed but yah leaving strangers on your home ain't for the non risky at heart or cash-strapped imho
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six
@six
the math is not that bad, if you're paying 4k/mo in nyc and you sublet two weeks for 2k and also do some basic vetting of the person beforehand, if the alt is you "losing" 2k its fairly unlikely they're going to cause >2k worth of damages so its still +EV
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agusti
@bleu.eth
yeah nyc rent makes you think about this, i guess the closest example in my area is people renting their vacation homes when they don't use it, but feels diff than your personal house to me idk. Most airbnb's here are full time sublets not really people doing it on the side AFAIK, it used to be that airbnb was like that, but has become more instutionalized (at least on spain, maybe due to diff regulations)
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