THE INFLUENCE OF SHORT-TERM RENTAL ON RENTAL HOUSING PRICES IN PRAGUE

Sandra Bestakova ()
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Sandra Bestakova: Czech Technical University in Prague

No 8512235, Proceedings of Business and Management Conferences from International Institute of Social and Economic Sciences

Abstract: Prague has for a long time been struggling with the problem of constantly increasing housing prices and their lack. Offer available apartments is extremely low and is manifested by significant price growth and also the limited supply of apartments for sale and rent. One of the factors influencing the price of flats in Prague may be short-term rentals. Today there is an increasing number of flats in the total offer of short-term rentals and the number of hosts with more than one offer is also rising. Airbnb will deviate from its original idea of sharing "extra beds".

Keywords: short-term rental; Prague; sharing economy; Airbnb (search for similar items in EconPapers)
JEL-codes: R10 R21 R31 (search for similar items in EconPapers)
Pages: 7 pages
Date: 2019-07
New Economics Papers: this item is included in nep-eur, nep-pay and nep-ure
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Published in Proceedings of the Proceedings of the 9th Business & Management Conference, Prague, Jul 2019, pages 22-28

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Persistent link: https://EconPapers.repec.org/RePEc:sek:ibmpro:8512235

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