Research: When Airbnb Listings in a City Increase, So Do Rent Prices
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Airbnb has listings for millions of properties around the world, but what does its popularity mean for the cities it operates in? According to a new study, it leads to an increase in rents. The authors examined zip code–level data on rent prices and demographic data across the U.S. Controlling for a number of factors, they found that as the number of Airbnb listings in a city increases, local rent prices do, too.
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