The effect of short-term rental platformns on rental prices: Evidence from Airbnb in Berlin

Felix Mindl

VfS Annual Conference 2020 (Virtual Conference): Gender Economics from Verein für Socialpolitik / German Economic Association

Abstract: This article investigates the effect of short-term rental platforms on the housing market, using the explosive growth of Airbnb experienced in Berlin as a case study. To identify a causal effect, I exploit the structure of Airbnb in Berlin and combine a hedonic housing model with a Triple Difference-in-Difference approach. The analysis of six hundred thousand apartments shows that rapid growth of professional Airbnb listings has lead to a three percent increase in asking rents in city districts with high Airbnb concentration.

Keywords: Sharing economy; peer-to-peer markets; housing markets; Airbnb (search for similar items in EconPapers)
JEL-codes: L86 R31 (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc20:224613

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