Apr 25

Under this assumption, Barron et al. find that the true impact of Airbnb on rents is very small. A 1 percent increase in Airbnb listings, they found, raises rents by only 0.018 percent. That’s a minuscule effect. It means that doubling the number of Airbnb listings would raise rent by less than 2 percent overall. The effect is so small that in their presentation at the American Economic Association meeting in January, the authors referred to it as a “zero effect on rental rates” overall (though the effect i

Source: Airbnb Plays a Minuscule Role in Rising City Rents – Bloomberg

Leave a Reply

preload preload preload