Q: Does Airbnb Cause Rents to Increase?

A: Yes! Since hosts can make 50 to 200 percent more on short-term rentals than on long-term rentals, Airbnb affects purchase prices as well.

Does Airbnb Cause Rents to Increase? Yes it does. This graphic explains how.

A: Yes.

Despite its preferred image as a home-sharing platform, Airbnb actually involves tens of thousands of rental units that have been pulled off the rental market entirely, constricting housing supply. Since hosts can make 50 to 200 percent more on short-term rentals than on long-term rentals, Airbnb affects purchase prices as well.

Feel free to print and distribute! Click on the image above to download a PDF of The Answer.

This question appears in the Winter 2018-19 edition of Shelterforce magazine. Subscribe here.

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