Airbnb has caused my rent to go up by $750. I want Airbnb to pay up.
A UCLA study has found that “that a 1% increase in Airbnb listings leads to a 0.018% increase in rents.”. Short term rentals have been illegal in Vancouver until April 18, 2018, but Airbnb listings have grown by over 270% between 2013 and 2018. Applying the UCLA model, Airbnb has lead to a 4.87% rent […]
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