Airbnb or not Airbnb? That is the question: How Airbnb bans disrupt rental markets
研究美国尔湾市对短期租赁的立法禁令,发现禁令实施约两年后长期租赁合同租金下降3.0%,且降幅在房源特征类似爱彼迎或禁令前爱彼迎活动密集的区域更明显。
Abstract This study focuses on legislative bans imposed on short‐term rentals (STRs) and evaluates their effects on long‐term rentals in Irvine, CA. We find that contract rental prices in the long‐term rental market decrease by 3.0% within approximately 2 years after the enforcement of STR ordinance. The results are primarily driven by the supply side for long‐term rentals. The decline in rents is more pronounced: (1) for long‐term rental units that have similar property characteristics as those listed through Airbnb and (2) for those located in geographic areas with greater Airbnb exposure before the ban was enforced.