3 ms·
One of my favorite studies: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3006832 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3006832 > "A 1% inc
by onlyrealcuzzo 7y ago
One of my favorite studies: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3006832 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3006832
> "A 1% increase in Airbnb listings leads to a 0.018% increase in rents and a 0.026% increase in house prices."
In a lot of markets, AirBNB listings doubled (or more) for years. That could easily account for most of the REAL increases in rents and house prices in those markets.