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Airbnb, Inc. (/ ˌ ɛər ˌ b iː ɛ n ˈ b iː / AIR-BEE-en-BEE, an abbreviation of its original name, "Airbed and Breakfast" [5]) is an American company operating an online marketplace for short-and-long-term homestays and experiences in various countries and regions.
Vacation rentals can also negatively affect local communities in a number of ways. While not the major cause of limited affordable housing, vacation rentals negatively affect the long-term housing market in local communities, especially tourism communities. As more short-term rentals increase, the availability of long-term units decreases.
[20] [21] The Institute for Federal Real Estate considers the division's specialty to be the marketing of military areas that have been used by the armed forces of Germany and foreign military forces. [20] The division's long-term aim is to dispose about 30,000 properties, by selling around 3,000 annually. [20]
Literature. Naguib Mahfouz's 1967 novel, Miramar, focuses on the lives of the long-term residents of the eponymous pension in Alexandria in the 1960s.; E. M. Forster's 1908 novel, A Room with a View, opens with the protagonist Lucy Honeychurch and her spinster cousin and chaperone Charlotte Bartlett complaining about the Pensione Bertolini, where they are staying in Florence, Italy.
[citation needed] Thus landlords convert their properties into short-term rental units, and there are fewer long-term housing options available to permanent residents. Landlords also sometimes pressure and coerce people out of their homes, particularly if residents are of low-income. [6] In Australia, short-term rentals have contributed to the ...
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