> Similarly, craigslist, AirBNB etc. are impacting the renting vs. buying scenario and reducing costs in those areas. If anything AirBnB has caused the price o

> Similarly, craigslist, AirBNB etc. are impacting the renting vs. buying scenario and reducing costs in those areas. If anything AirBnB has caused the price of property to go up. Where I live you could easily make enough to cover rent or a mortgage from letting a property on AirBnB for one or two weekends a month. The rest of the time it is empty, which means the demand for housing in the local area is higher, which means rents go up. In my 200 unit building I think around 5% of the properties are vacation rentals. Really AirBnB isn't much different to holiday homes / timeshares, but what they have done is bring it to the masses. It will be interesting if / when they introduce surge pricing to combat this - right now the control is still with landlords, but eventually they'll just be another pawn in the game.