So I got the quote today from lady that manages the same place we've stayed at the last 2 years. They want literally double what we paid only 2 years ago (2010) and 50% more than what we paid last year (2011).
Out of curiosity, has anyone else experienced this? This will be my 6th Coachella and it seems every new year the housing rental market just skyrockets from the past year.
What's going on here, any theories? Is it attributable to the increased ticket sales or have local homeowners wised-up to what the true demand is?
Also, has anyone else noticed the associated fees and deposits have skyrocketed as well? The place we normally stay wants a $1000 deposit upon booking to secure the room. Two years ago we paid $250. Cleaning fees have also tripled from 3 years ago. I wonder if Coachella goers are getting a reputation around town for being flaky and dirty....