Perhaps it’s my perception. Just found 5 listings in St Andrews where the house prices range from 550k to 800k plus and a private room is £25, £19, £22, £21, £20, a night. In my opinion that is way too low, a bed in the Half Moon Backpackers is £22.
I looked at Didsbury in Manchester, which is quite expensive and a double room was £25.
I don’t think it’s to do with what house prices are now, people doing this probably bought their houses when prices were much cheaper 
So we are seeing the same thing and perceiving it differently then? Even a LTR inclusive room in a house in St Andrews would be £500 a month (without breakfast), so at £20 to £25 a night you’d have to have a very high occupancy rate to get more than the LTR rate. Guests are simply not paying what it costs to provide that service by a long chalk.
I think it’s really important to work out return on investment. If people bought years ago when prices were lower, that’s their good fortune, not a reason for guests to underpay. We should have our business heads on and not allow this unsustainable race to the bottom and hammering of host prices by Airbnb.
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Okay, I’m a newbie here. But what does LTR stand for?
LTR - long term rental
STR - short term rental
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This photo makes me miss Costa Rica!!! Where is your Airbnb?
In Punta Leona, which is about 1 1/2 hour from San Jose, 20 min to Jaco with a georgeous and quite private white sand beach and a Treehouse close to San Jose ideal for those just arriving or leaving, which I am listing for friends of mine.
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If your place attracts many tourists, then your breakfast might consist of local goodies in order to deliver a great cultural experience for your guests. Alternatively, you can pick options that are similar to what a guest might get for breakfast at a local hotel in your neighborhood. Though, provide breakfast as an option and let your guests know beforehand what’s on the menu so that there are no surprises when they arrive. I hope this helps.