Solving for the economic impact of Airbnb rentals

News

Published: 1Dec2021

In a new paper, Professor Maxime Cohen and his colleagues find that rental platforms like Airbnb help increase real estate investment and economic development in the long term. While jurisdictions like New York City have issued city-wide bans on these short-term rentals, primarily due to housing shortages, the researchers recommend establishing guidelines that meet community needs on a more local basis.

 

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