| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16150 |
| DP16150 Airbnb and Rental Markets: Evidence from Berlin | |
| Tomaso Duso; Claus Michelsen; Maximilian Schaefer; Kevin Tran | |
| 发表日期 | 2021-05-13 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | We exploit two policy interventions in Berlin, Germany, to causally identify the impact of Airbnb on rental markets. While the first intervention significantly reduced the number of high-availability Airbnb listings bookable for most of the year, the second intervention led to the exit of mostly occasional, low-availability listings. We find that the reduction in Airbnb supply has a much larger impact on rents and long-term rental supply for the first reform. This is consistent with more professional Airbnb hosts substituting back to the long-term rental market. Accordingly, we estimate that one additional nearby high-availability Airbnb listing crowds out 0.6 long-term rentals and, consequently, increases the asked square-meter rent by 1.8 percent on average. This marginal effect tends to be smaller in districts with a higher Airbnb density. However, these district experienced a larger slowdown in rent increases following the reform due to larger reductions in Airbnb supply. |
| 主题 | Industrial Organization |
| 关键词 | Rents Housing market Short-term rental regulation Sharing economy Airbnb |
| URL | https://cepr.org/publications/dp16150 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545123 |
| 推荐引用方式 GB/T 7714 | Tomaso Duso,Claus Michelsen,Maximilian Schaefer,et al. DP16150 Airbnb and Rental Markets: Evidence from Berlin. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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