What Airbnb does to the housing market
Beatriz Benítez-Aurioles and
Iis Tussyadiah
Annals of Tourism Research, 2021, vol. 90, issue C
Abstract:
•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.
Keywords: Rental markets; House prices; Airbnb; Home-sharing (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:anture:v:90:y:2021:i:c:s0160738320302528
DOI: 10.1016/j.annals.2020.103108
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