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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.
Long-term rental inventory in the city proper — which was supposed to get a boost — grew just 3.4% over the year ended August 2024, a fraction of the 15.4% rate seen over the prior year ...
A new study says short-term rentals like Airbnbs are not to blame for the housing crisis — at least not in San Luis Obispo County. “If there are concerns that STR (short-term rental) activity ...
Listing your home on a short-term rental site like Airbnb or Vrbo sounds like a great idea in theory. Nightly per-room rates have risen 36% since 2019 with an average of more than $200 per night ...
Through short-term rental, landlords can make upwards of 30% more than they would on a rent controlled property. [ citation needed ] Thus landlords convert their properties into short-term rental units, and there are fewer long-term housing options available to permanent residents.
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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