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Shouldn't the increased tourism be a net win for the local economy though? I agree its unfortunate if airbnb units increase rents, even a small amount. Finding
by ac29 7y ago
Shouldn't the increased tourism be a net win for the local economy though?
I agree its unfortunate if airbnb units increase rents, even a small amount. Finding good data isn't all that easy, but this study [0] from last year suggests airbnb was responsible for about 20% of total rent increase amounts in the areas studied. But, ignoring other potentially beneficial effects is one sided - if tourism was always bad, people should also be against building or operating hotels that could be apartments instead.
[0] https://phys.org/news/2019-08-airbnb-affect-rents-housing-prices.html https://phys.org/news/2019-08-airbnb-affect-rents-housing-pr...
- amiga_500 7y agoHere is a report into the negative effects of airbnb. https://upgo.lab.mcgill.ca/publication/short-term-cities/short-term-cities.pdf https://upgo.lab.mcgill.ca/publication/short-term-cities/sho... Here is the small pox rash over Montreal: http://insideairbnb.com/montreal/?neighbourhood=C%C3%B4te-des-Neiges-Notre-Dame-de-Gr%C3%A2ce&filterEntireHomes=false&filterHighlyAvailable=false&filterRecentReviews=false&filterMultiListings=false http://insideairbnb.com/montreal/?neighbourhood=C%C3%B4te-de... Repeated ad-infinitum across the globe by a company that figured out: 1. how to put pictures on web sites 2. regulatory arbitrage of residential housing
- subpixel 7y agoThere is no example of a place where the net impact of tourism is positive. Not in the era in which we live, certainly.
- baby 7y agoWhat?
- deleted 7y ago[deleted]