4 ms·

Citation needed for the magnitude of Airbnb’s contribution to “ruining housing and rental markets”

• seattle_spring 4y ago
  You won't find one. The most cited article I've found shows that the most significant effect Airbnb has on rentals is a 0.5% rise in rental rates in Manhattan. It's not 0, but it's pretty damn close.
  • cycrutchfield 4y ago
    Yet my comment gets downvoted to oblivion because it questions the conclusion that everybody has jumped to
    • tekknik 4y ago
      http://insideairbnb.com/reports/platform-failures-how-short-term-rental-platforms-like-airbnb-fail-cities-en.pdf http://insideairbnb.com/reports/platform-failures-how-short-... This is an interesting read about the market effects Airbnb has caused. They’re definitely moving prices and removing units from the market.
      • seattle_spring 4y ago
        “Inside Airbnb” doesn’t sound impartial or unbiased at all.