Seven: Thirty – What is Airbnb doing to your rent?

March 27, 2017
There have long been claims by advocates that Airbnb drives up the cost of rent in cities by taking units off the market, but there now is a growing case for that being true in DC. A new report shows that “commercial” Airbnb listings (where one owner lists out multiple units) are taking units out of neighborhoods that need them most. In some cases, large parts of what should be rent-controlled buildings are being rented out almost like hotels…
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