Airbnb Housing Impact

what about https://hbr.org/2019/04/research-when-airbnb-listings-in-a-c...

Property owners benefit from higher housing prices, in dense urban areas these are not typically the same people that occupy the dwelling. Renting out apartments on Airbnb removes that unit from the local housing stock, raising prices as demand increases and supply drops. This is why San Francisco is battling with Airbnb, housing is already expensive enough, having people sub-let apartments or buy houses only to put them up on Airbnb is making an already bad housing shortage even worse.

The anti-Airbnb narrative I find more common (and compelling) is that they cause even less housing to be available in markets already suffering from low housing supply. New York is a prime example. Airbnb hosts buy up apartments that people could live in, and short-term rent them out to tourists instead.

They are very lucrative, so landlords take apartments off the market to turn them into AirBnBs. This raises rent prices in touristic areas.Beyond that, it means you might have loud neighbours you can't control or a constant traffic of visitors in your building. They are not regulated like hotels, nor taxed like them.

Airbnb is making this a distinct possibility. I regularly run into people in my small, tourism based town who own 2 or more properties they sit on and rent through airbnb. The most frustrating was a guy who after receiving inheritance is doing exclusively this. Meanwhile the city is spending money buying run down apartments above market rate, competing with these investors who bring little value, to meet the demands of the community to protect the tenants from being forced out.It is wildly in

Full time AirBnB rentals almost certainly exacerbate any housing shortages that might exist. A tourist in general is willing to pay far more (maybe 5-10x) per night of temporary lodging than a resident is willing/able to pay for 365 days per year. This is especially true in beautiful but inexpensive, tourist magnet cities like Prague, Vienna, Budapest, and the like.Taking otherwise available rentals off the full-time rental market and moving the "up" the economic return

The problem is AirBnB. Landlords are regulated with zoning and other practices; people buying up individual apartments and turning areas intended for long term rentals into hotels are the problem, and this is entirely the result of AirBnB et. al.

This would not be a bad thing. Airbnb has been driving up the cost of housing in many cities.

> people are getting squeezed for living space and rising rents partially due to AirBnb taking those rentals off the marketFrom what I've seen, short term rentals have negligible effects on the housing market. And restrictions on short term rentals have little to no effect on housing prices. It's just another scapegoat (like foreign owned housing) that people like to use because they can't accept the fact that the solution is to BUILD MORE HOUSING. (Reduce restrictions like

Airbnb is a horrible thing if you (like me) live in a tourist city and making rent inaccessible to the local residents