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Vacation Rental News

New Report Alleges Airbnb Raised New Yorkers’ Rent by $616 Million

Bloomberg

A new report by New York City comptroller Scott Stringer details Airbnb’s impact on housing affordability from 2009 to 2016. Bloomberg

Skift Take: The truth is that rising rents and a lack of affordable housing in any city is never the result of one single factor, and blaming those crises on one business alone doesn't do enough to figure out the real, multiple reasons behind those problems.

— Deanna Ting

Read the Complete Story On Skift

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