Regulating short‐term rental housing: Evidence from New Orleans
研究新奥尔良对Airbnb等短租的监管效果，发现法规虽减少目标区域短租，却导致邻近区域短租增加，且严格监管区房价下跌约30%。
Abstract This study examines the effects of regulations targeting Airbnb and other short‐term rental (STR) suppliers in the urban center of New Orleans. I show that although the new ordinances reduced participation in the STR market as intended, STR usage actually increased in the neighborhoods adjacent to areas the most affected by the regulations. I subsequently show that the new regulations depressed property values in the neighborhoods facing the tightest regulations by approximately 30%, implying that homeowners factor into their housing purchasing decisions the option to participate in the STR market.