Mathematics, 17.12.2020 02:50 jordan2875
David wants to rent out his house, and he can list it as either a short-term vacation rental or yearlong lease. He lives in a quiet university town. Similar short-term rentals on the market average $120/night, and similar yearlong leases average $900/month. Based on the number of short-term rentals needed to match the revenue of a lease and the likelihood of finding enough renters, should David plan on short-term vacation renters or a long-term lease?
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