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submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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

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[-] thefactremains@lemmy.world 44 points 10 months ago

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

[-] wahming@monyet.cc 4 points 10 months ago* (last edited 10 months ago)

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

[-] honey_im_meat_grinding@lemmy.blahaj.zone 18 points 10 months ago

$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.

[-] TropicalDingdong@lemmy.world 3 points 10 months ago

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

this post was submitted on 04 Nov 2023

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