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The short-term rental industry has been repeatedly accused of driving housing prices up by contributing to the housing shortage both in the U.S. and abroad. The accusations have been coming from ...
New York City's ban on most short-term rentals was supposed to make housing cheaper in the city. But one year in, it's still unclear if it's worked. In September 2023, NYC began enforcing new ...
It’s been more than six years since Irvine, California, banned short-term rentals — and the city’s mayor hasn’t looked back. As the housing affordability crisis deepens, Airbnb and Vrbo ...
Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels . "Short stay" rentals are an offshoot of the corporate housing market, [ 2 ] and are also offered by private owners and investors via online platforms such as Airbnb .
Based on the data Gerli shared, the nation’s supply of short-term Airbnb and Vrbo rentals “exceeds the number of available homes for sale by approximately 380,000,” Architectural Digest ...
(Reuters) - Airbnb on Tuesday asked New York City to reconsider regulations on short-term rentals that went into effect in September 2023, citing higher prices for travelers and zero impact on the ...
One paper, for instance, found that a short-term rental ordinance in a city in southern California led to a 2.7% decline in contracted long-term rental prices on average—meaning, that when you ...
Opinion: Airbnb remains committed to working with local lawmakers on making short-term rentals part of the solution to Nashville affordable housing.
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