Can you explain what you mean by this? What does the pricing have to do with you using the property yourself? If hosts use the property themselves sometimes, you just block the dates you want to use it.
Sure thing. It is well known that if you price your property lower than market, you will have higher occupancy than when priced at market rate (50th percentile). And if you raise your price with respect to the market, you will have lower occupancy.
Yes, you could block off specific dates. But then, you’d miss out on the potential additional income and are not using your property efficiently.
For example, I may want to stay at my rental house over a weekend instead of getting $500/night (sample value); but I may be willing to forgo the stay if I had someone willing to pay $1000/night for that same weekend. So we set the nightly price at the amount that would make us reconsider our plans for staying in the property.
So what we do instead of blocking off times, we raise the prices. That makes it less likely that someone reserves that time window. But if someone really wants the property, we’re willing and able to accommodate.
We are of course able to do this only because we’re very flexible. We do block dates off, but do so only very rarely, when we do not have the flexibility. For example, we block off the dates around birthdays, since we’re not willing to move those around.