October 20, 2016
There are plenty of anecdotal complaints suggesting that Airbnb is now so popular it is distorting property markets and contributing to higher rents. US Senator Elizabeth Warren and other officials want the US government to monitor Airbnb to monitor revenue and prices, to track this issue. But is there any data currently showing this to be true? Stats on the macro effect of Airbnb on supply and demand in property markets aren’t well developed, but the few surveys that have looked at the issue suggest Airbnb is affecting prices of both rent and purchases, mainly in the centre of large cities where tourists visit….
Source: http://www.businessinsider.com/statistics-data-airbnb-rent-prices-2016-10
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