August 6, 2016
One key question for local and national policymakers is the extent to which short-stay rentals displace long-stay accommodation and drive rental prices up, said Dan Cookson, spokesman for PRS 4 Scotland. “The short-stay rental market has clearly played a key role in enabling Edinburgh’s success as the festival city and provides much-needed accommodation for visitors throughout the year,” he said. “But with the recent rapid expansion of sites like Airbnb there are signs from cities around the world that unfettered short-stay rental expansion may not be entirely benign.”…
Source: http://www.scotsman.com/business/companies/jeff-salway-rise-of-airbnb-makes-housing-crisis-worse-1-4196111
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