Is Airbnb making housing crisis in major cities worse?

Is Airbnb making housing crisis in major cities worse?

An article in Treehugger claims recent reports suggest that in cities like Vancouver, London and New York, sites like Airbnb might be contributing to a growing housing crisis by diverting rental stock that could have been rented to local, long-term tenants instead.

It reveals how Independent online projects like Inside Airbnb have popped up, “adding data to the debate” by offering neighbourhood residents and policy makers an independent set of tools to analyze the numbers, revealing how Airbnb might be affecting the local housing market in dozens of cities around the world.

Read the original article: Is Airbnb worsening the housing crisis in major cities around the world? : TreeHugger

Travindy is an independent website featuring news and opinion on all issues to do with tourism and sustainability. Written primarily for an industry audience, our aim is to support the transformation of the sector into one that is regenerative, restorative and fully inclusive.

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