I sorry, I made a mistake. The monthly rate isn't $1,200 but $1,100.
I'm not sure it is worth it and cramming 10 people in a room for $40/night feels exploitative, particularly as there are many options nearby that cost less and come with a private room. [1]
They're making a decent amount of cash from this and they're shrewd business people if they're able to rent out a single, sparse room for somewhere between $11,000 to $12,000 per month, just by positioning it as for hackers! I have a lot of respect for their marketing and business savvy!
I'm not sure it is worth it and cramming 10 people in a room for $40/night feels exploitative, particularly as there are many options nearby that cost less and come with a private room. [1]
They're making a decent amount of cash from this and they're shrewd business people if they're able to rent out a single, sparse room for somewhere between $11,000 to $12,000 per month, just by positioning it as for hackers! I have a lot of respect for their marketing and business savvy!
[1] http://www.airbnb.com/s/Castro--San-Francisco--CA?room_types...