LogFAQs > #936521187

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Topic	Coronavirus is exposing how Airbnb caused rent worldwide to skyrocket
Frolex 03/31/20 2:38:50 AM #16:	Manocheese posted... This reads like satire. My favorite part: In other words, Airbnb has such a small impact that even if the number of listings doubled, rent in the city would only increase by 1.8%. From the Harvard Business Review article: This means that, in aggregate, the growth in home-sharing through Airbnb contributes to about one-fifth of the average annual increase in U.S. rents and about one-seventh of the average annual increase in U.S. housing prices. Guarantee if Harvard research had found that something like Obamacare was responsible for 20% of the increase in rent prices across the entire United States, you would not hesitate to rush here to make a thread about it. --- https://imgur.com/HOLHd4k https://imgur.com/six2WTN <cite>Frolex posted [p:936521187] in Coronaviru... [t:78524258]...</cite> <quote>Manocheese posted... </cite> <quote>This reads like satire. My favorite part: In other words, Airbnb has such a small impact that even if the number of listings doubled, rent in the city would only increase by 1.8%.</quote> From the Harvard Business Review article: <quote>This means that, in aggregate, the growth in home-sharing through Airbnb contributes to about one-fifth of the average annual increase in U.S. rents and about one-seventh of the average annual increase in U.S. housing prices. </quote> Guarantee if Harvard research had found that something like Obamacare was responsible for 20% of the increase in rent prices across the entire United States, you would not hesitate to rush here to make a thread about it. --- https://imgur.com/HOLHd4k https://imgur.com/six2WTN</quote> ... Copied to Clipboard!
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