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Airbnb greatly contributed to the housing shortage in Vermont.
by HarryHirsch 4y ago
Airbnb greatly contributed to the housing shortage in Vermont.
- seattle_spring 4y agoIs there some unbiased literature you can share that demonstrates this conclusively?
- HarryHirsch 4y agoLong-term rentals getting converted to short-term rentals in a constrained, inelastic market drives up prices, prices are set at the margin. You don't publications for that, that's just a basic fact.
- seattle_spring 4y agoIf it’s a basic fact then surely there is literature that backs it up?