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#Post#: 48559--------------------------------------------------
How to share the cost of a rental
By: mime Date: March 12, 2020, 1:41 pm
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I haven't participated much here recently, but I've been
checking in and reading a lot... now I have a question of my
own, on the dreaded topic of "how to split the cost of a
vacation rental"
There are a lot of people traveling together, representing 6
households:
1 couple, no kids
1 couple, no kids
1 single adult, no kids
1 single adult, no kids
1 family of 4 (2 parents, 2 teenagers)
1 family of 6 (2 parents, 4 kids -- gradeschoolers and teenager)
We're all tied together by family: each household includes a
cousin of a generation in their 40s-50s.
The rental we're considering has 6 bedrooms (with either a king
bed or a pair of twin-over-queen bunks). There are 4 1/2
bathrooms and no en suites, so all rooms seem to be created
equal in that respect.
Each couple or single adult will have a room.
Each larger family will have a room (ie: the kids will be in
their parents' rooms)
Nobody will be on a futon, pullout, or air mattress.
There are other gathering areas including kitchen, living room,
home theater, patio, dock.
The cost of the rental is $750/night
The cost for a nearby hotel room is $110/night
So, naturally, we all like the idea of a rental. And, naturally,
nobody agrees on how to pay for it. The two single adults and
one couple are remaining silent, and I suspect they'll go along
with whatever everyone else decides. That's where the easygoing
and agreeable nature of this family comes grinding to a halt.
The cousin who is part of a couple thinks the cost should be
split by individual-- so about $47/night per person. The cousin
from the family of four thinks it should be split by room-- so
$125/night per room (which also happens to be $125/night per
household since each household is in a room). The cousin from
the family of six (that would be my DH) is looking for a
compromise: $100/night for couples and singles, and $175/night
for each family. The cousin who is part of a couple was very
unhappy about that suggestion, even though it is only a $6
difference for her. She said it was unfair to the singles to pay
$94 instead of $47.
Some additional dynamics:
1- The cousins are pretty competitive. I don't know that we can
make everyone happy here, but they all seem to think it's
possible.
2- I'm not one of the cousins. I'm married-in to the family. I'm
part of the family-of-six. I'm one of the two people planning
this whole trip.
3- We have different reasons for wanting the rental as opposed
to a hotel. Everyone likes the idea of making breakfasts and
lunches and not having to eat out all the time. The two families
with kids want space for the kids to be together in the mornings
and evenings. Other than that, we plan to be running around and
hiking/swimming/exploring the area during the day. The couples
and singles plan to hang out at the rental all day so they like
having the living room and patio space.
What do you think is a fair split of costs?
I'll admit upfront that I'm biased. I don't plan to pay
$47/person ($282/night) for my family to pack into one room.
I've tried to find larger rentals in the area, but no luck so
far. I'm not considering anything that puts people on futons or
air mattresses.
I actually have a plan forming in my mind that I haven't acted
on yet. I'm curious to hear thoughts and opinions before I do
anything.
#Post#: 48562--------------------------------------------------
Re: How to share the cost of a rental
By: Kimberami Date: March 12, 2020, 1:57 pm
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As long as every unit gets their own room, I think it should be
divided per room. Food and supplies should be split per person.
#Post#: 48564--------------------------------------------------
Re: How to share the cost of a rental
By: kidsandme Date: March 12, 2020, 2:10 pm
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I agree it should be divided per room and not per person.
The singles or couples are getting their own room. Essentially
they are paying for the room, just like in a hotel. In a hotel
they don't pay less because they are single or a couple.
I would give the option to pay per room or everyone can get a
hotel room for themselves. Or the two kid families look for a
house for themselves.
#Post#: 48565--------------------------------------------------
Re: How to share the cost of a rental
By: Jem Date: March 12, 2020, 2:40 pm
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Split per room. The analysis is different when discussing food
or supplies, but for the rental itself, split per room.
#Post#: 48566--------------------------------------------------
Re: How to share the cost of a rental
By: lowspark Date: March 12, 2020, 2:50 pm
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Agree. Per room. Just like a hotel.
The family of six is all getting crammed into one room while the
singles are getting a room to themselves. So... you get what you
pay for. You pay for the room, regardless of how many will be
occupying it.
#Post#: 48567--------------------------------------------------
Re: How to share the cost of a rental
By: TootsNYC Date: March 12, 2020, 3:15 pm
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I like the per room, but in term of bathrooms and living space,
the larger families will have a bigger impact. I know you say
the couples and singles will hang out more, but they still
aren't as many bodies.
What if you take the $750 per night and peel off, oh, 25%
(adjust as you see fit) of it to be for communal space, and
divide THAT by person.
(187.50/16=$12 per person)
Singles: $12
Couples: $24
Family of 4: $48
Family of 6: $72
Then you take what's left and divide by room. $562.50/6=$93.66)
now:
Singles: $105.66 each
Couples: $117.66
Family of 4: $141.66
Family of 6: $165.66
You'd get different results with a different "communal area"
percentage, of course.
The other option is for the singles to share, and for the kids
to all go in that extra bedroom.
#Post#: 48568--------------------------------------------------
Re: How to share the cost of a rental
By: lowspark Date: March 12, 2020, 3:33 pm
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I didn't think about the bathrooms.
But here's how I would do it. 4 bathrooms, right?
So each family gets their own, that's two. Each of the other two
get one couple and one single assigned to them. Again, families
are sharing more, but everyone is sharing some.
The half bath should be open to anyone to use when their
respective toilet is unavailable.
As far as the payment for the public areas like living room,
patio, etc. I would not count that. I would see that like this:
Everyone has equal access to the public areas to use them as
much or as little as they want. Use it or don't. But I don't
think you want to delve into the quagmire of charging per usage.
#Post#: 48569--------------------------------------------------
Re: How to share the cost of a rental
By: Jem Date: March 12, 2020, 3:42 pm
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[quote author=lowspark link=topic=1656.msg48568#msg48568
date=1584045213]
But I don't think you want to delve into the quagmire of
charging per usage.
[/quote]
Right. If issues like this are a sticking point, I think the
family should rethink vacationing together.
#Post#: 48573--------------------------------------------------
Re: How to share the cost of a rental
By: kckgirl Date: March 12, 2020, 4:29 pm
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[quote author=Kimpossible link=topic=1656.msg48562#msg48562
date=1584039476]
As long as every unit gets their own room, I think it should be
divided per room. Food and supplies should be split per person.
[/quote]
This is exactly what I was going to say. $125 per night per
room, regardless of who stays in it. It wouldn't be fair to
charge per person when a single will have an entire room to
his/herself and OP has 6 in her room. It's still one room per
unit.
If you can swing it, I'd buy the groceries at home where prices
are probably lower. Make a list together, one or two go
shopping, one pays and sends a copy of the receipt to everybody
with the amount per person. The single pays 1/16 of the
groceries, OP's family pays 6/16.
#Post#: 48575--------------------------------------------------
Re: How to share the cost of a rental
By: MiriamCatriona Date: March 12, 2020, 4:34 pm
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Are the two single adults unwilling to share a room, in which
they would each have their own queen bed? If they are, some
combination of kids (up to all 6) could have a room of their own
without squishing in with their parents. With this plan, I
would charge by "heads in beds", i.e., per person, as everyone
would be getting reasonably similar accommodations.
Your current plan has major discrepancies in quality of bedroom,
ranging from one person in a king bed by themself to six people
sharing two bunks. I would do some sort of compromise plan in
this case, whether what you proposed to the group already or
something that takes into account both the number of bedrooms
used and the percentage of common space used (e.g., half of cost
divided by family unit = bedrooms and half by person = common
space).
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