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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 ...
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...
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 ...
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 .
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 ...
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 ...
Phocuswright’s U.S. Short-Term Rental Report 2021 – its most recent that measured that metric – found that 78% of short-term rental users surveyed were aware of Airbnb as offering that type ...
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 ...
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