@Linda3373
We have our security deposit set at $500.
The only value in it is to make guests think that they can be charged for damages.
Unfortunately the worst guests already know that Airbnb will not make them pay, so they don’t care.
Honest people would voluntarily pay for damages they caused, so I guess I’ll reduce ours to $100, if I get around to it.
Before I was a host with Airbnb I was going to rent a house until I saw that the security deposit was $2500.
I didn’t know it was fake, and I was nervous about a charge that high on my credit card, and the problems that might arise if the bank made a mistake or the host just decided to rob me.
I booked another house through VRBO.