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Oh, it's definitely driving up rent. Even if not for the cost you suggested, simply because people can make more money renting out an AirBnB for a weekend or a
by dorchadas 8y ago
Oh, it's definitely driving up rent. Even if not for the cost you suggested, simply because people can make more money renting out an AirBnB for a weekend or a summer than they can by renting to a family for a year. So it drives up the rent to compensate for that. And AirBnB also increases the demand for rental places, as every apartment/house that is bought to be used as an AirBnB is one less to be used for residents of the city.