Without the hosts, there's no product, less product, less fees, or pretty listings to flout in marketing.
The availability of affordable and decent listings in Paris is testament how badly they need the existing hosts. Who, by the way, are limited by regulations that limit the number of days a host can list per year, as well as tax registration requirements. None of which I'm complaining about; it's just another factor that makes me predict the situation with quality and honest listings will go down.
