![]() Proserpio and his co-authors found that yes, there is a relationship between an increase in Airbnb listings and rising rents. ![]() “We basically look at most of the United States and try to link the growth in Airbnb listings with both house prices and rental rates,” Proserpio said. But the link between the amount of short-term rentals and housing affordability isn’t exactly clear.Ī few years ago, Davide Proserpio, a marketing professor at USC, looked into how an increase in short-term rental listings can affect housing costs overall. And less rental supply means higher rents. They’ll have to keep the entire apartment or house accessible to guests.Īirbnb has called the move a “ de-facto ban.”Ĭity officials have argued that short-term rentals like Airbnb listings reduce the amount of available long-term housing. They’ll have to stay on site during each booking. That means hosts will also have to adhere to strict rules. ![]() The law ramps up regulations for anyone hosting a short-term rental in New York, including a requirement that hosts register their listing with the city. ![]() This week, New York City started enforcing new rules cracking down on short-term rentals - think Airbnb, Vrbo and other booking platforms. ![]()
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