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It was reported that short-term listings on Airbnb generated $85 million in net revenue in New York City alone in 2022. Then, in 2023, the city cracked down on short-term rentals on Airbnb, causing...
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 ...
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 ...
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 .
Inside Airbnb is an investigatory/watchdog website launched by Murray Cox in 2016. It reports and visualizes scraped data on the property rental marketplace company Airbnb, [1] focusing on highlighting illegal renting on the site [2] and gentrification caused by landlords buying properties to rent on Airbnb. [3]
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.
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