What Airbnb does to the housing market

What Airbnb does to the housing market

•Our model predicts that house prices rise more than rents with Airbnb presence.•Airbnb presence in a borough increases house prices and, to a lesser extent, rents.•Results suggest that tourist renting may offset increased housing costs for owners.

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Bibliographische Detailangaben
Veröffentlicht in:Annals of tourism research 2021-09, Vol.90, p.103108, Article 103108
Hauptverfasser: Benítez-Aurioles, Beatriz, Tussyadiah, Iis
Format: Artikel
Sprache:eng
Schlagworte:
Airbnb
Home-sharing
House prices
Rental markets
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Beschreibung
Zusammenfassung:•Our model predicts that house prices rise more than rents with Airbnb presence.•Airbnb presence in a borough increases house prices and, to a lesser extent, rents.•Results suggest that tourist renting may offset increased housing costs for owners.
ISSN:0160-7383
1873-7722
DOI:10.1016/j.annals.2020.103108