this post was submitted on 04 Nov 2023
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159
What happened to Airbnb? (www.vox.com)
submitted 1 year ago by [email protected] to c/[email protected]
65 comments fedilink hide all child comments
 

What happened to Airbnb?::Financially, the Airbnb is thriving, but guests, hosts, and cities have had enough.

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[–] [email protected] 45 points 1 year ago (2 children)

I guess you heard that from a friend? Maybe try to question things more and do your own research. There's tons of verifiable information out there and it's easy to access.

https://www.marketwatch.com/story/does-airbnb-really-make-housing-more-expensive-these-researchers-say-they-found-an-answer-11612284049

[–] [email protected] 3 points 1 year ago* (last edited 1 year ago) (1 children)

Based on the median growth in Airbnb listings nationally, the short-term rentals contributed to an annual increase of $9 in monthly rent and $1,800 in home prices for median zip code, the study’s authors found.

Does that really seem like a lot in context of buying a house? It certainly doesn't look like it to me. Also, lay off the ad hominem attacks

[–] [email protected] 18 points 1 year ago (1 children)

$9 x 12 = $108 increase per year. Also, you chose that sentence probably because it was the lower one despite the first paragraph being:

Short-term rentals via apps such as Airbnb contribute to housing shortages and rent increases, according to research published last week by Felix Mindl and Dr. Oliver Arentz, researchers at University of Cologne in Germany. They attributed 14.2% of overall rent increases to short-term rentals or 320 euros ($385) per year for new tenants.

[–] [email protected] 3 points 1 year ago

the ban has made not one iota of impact in Honolulu.