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AirBnB has been shown to raise residential house prices. It’s not the only factor, or even the biggest, but still…
by fire_lake 2y ago
AirBnB has been shown to raise residential house prices.
It’s not the only factor, or even the biggest, but still…
- kelnos 2y ago> It’s not the only factor, or even the biggest, but still… But that's the key, really. In most places, banning short-term rentals will not move the needle on housing affordability. It's like trying to optimize the thing that's causing 3% of the slowdown when things that are responsible for 40%, 30%, and 25% are right there, staring you in the face.
- Spivak 2y agoBut getting rid of it doesn't lower them or even slow the increase. https://medium.com/chamber-of-progress/new-nyc-data-shows-that-airbnb-restrictions-arent-solving-housing-crunch-b835803d0040 https://medium.com/chamber-of-progress/new-nyc-data-shows-th...