Publications
Publications
- February 15, 2024
- Harvard Business Review Digital Articles
What Does Banning Short-Term Rentals Really Accomplish?
By: Sophie Calder-Wang, Chiara Farronato and Andrey Fradkin
Abstract
Concerns that short-term rentals fueled by platforms like Airbnb have caused long-term rents to rise in major cities has caused some governments to place limits, including bans, on them. But research of New York City found that short-term rentals are not the biggest contributor to high rents, especially when it comes to the most vulnerable segments of a city’s residents. Given that short-term rentals have benefits, bans are a poor solution.
Keywords
Citation
Calder-Wang, Sophie, Chiara Farronato, and Andrey Fradkin. "What Does Banning Short-Term Rentals Really Accomplish?" Harvard Business Review Digital Articles (February 15, 2024).