Thursday, November 2, 2017

You're Not Imagining It: Airbnb Really Does Lead to Higher Rents and Home Prices, Study Finds

Home-sharing site Airbnb has its share of critics, from neighbors who hate the idea of strangers in their building or on their block, to traditional hotels that want Airbnb hosts to receive the same tax treatment and regulatory scrutiny they do, to, of course, the occasional creep-out victims. But another consistent argument is of the bigger-picture variety: that Airbnb drives up rents in cities where housing costs are already staggering.

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from Apartment Therapy | Saving the world, one room at a time http://ift.tt/2xQKLiB

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