Who is my neighbour? Short-term renting and civic engagement in London

Nicola Fontana ()
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Nicola Fontana: Department of Economics, Trinity College Dublin

No tep0525, Economic Papers from Trinity College Dublin, Economics Department

Abstract: Urbanization has transformed cities into the economic hubs of high-income countries, yet concerns about declining social capital persist. This paper investigates the impact of changes in neighbourhood composition on social capital within London. I show how neighbourhoods with higher short-term renting penetration experience a reduction in charitable organizations and increased feelings of loneliness. These results cannot be attributed uniquely to a change of composition in the long-term residents, but they also reflect changes in the behaviours of residents. Moreover, I find that higher short-term renting penetration is associated with a decrease in neighbourhood quality.

Keywords: Civic Engagement; Social Capital; Short-term Renting (search for similar items in EconPapers)
JEL-codes: A13 P00 Z18 (search for similar items in EconPapers)
Pages: 80 pages
Date: 2025-07
New Economics Papers: this item is included in nep-soc
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Persistent link: https://EconPapers.repec.org/RePEc:tcd:tcduee:tep0525

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