Posts

Showing posts from June, 2022

Top locations for air bnb in Korea

Image
     Today might be one of the most productive air bnb work sessions I've had so far. I did a research on the Korean real estate market, and I had a vague idea on how to go about it. But when I put my keyboard on it and started researching away, the pieces really came together. Way better than I thought it would! Basically I got the data for the Air bnb grades from a website called air dna, where they put every information from air bnb market in the area. And then I researched which areas were most expensive. And then I wrote the price of the real estate per square meter, and then the money the properties generate in the area from air bnb. And finally I divided the income by the cost of the properties, to come up with a efficiency score. I also gave my own score, based on the efficiency score from A to C. However this score does not include things such as demand, seasonality, growth, and regulation. Just pure income efficiency. I kind of want to share my research on youtu...