IDEAS home Printed from https://ideas.repec.org/h/cnb/ocpubc/geo2019-12.html
   My bibliography  Save this book chapter

The boom in short-term accommodation

In: CNB Global Economic Outlook - December 2019

Author

Listed:
  • Petr Polak

Abstract

Property prices are rising continuously in many European states, and property markets are overheating in various countries. The high prices are making housing less affordable and may be putting financial stability at risk. Supervisors are therefore adopting various measures and local authorities are introducing new regulations. The upward price trend is also due to limited supply caused by a boom in the popularity of short-term accommodation. What can we say about this newly developing market?

Suggested Citation

  • Petr Polak, 2019. "The boom in short-term accommodation," Occasional Publications - Chapters in Edited Volumes, in: CNB Global Economic Outlook - December 2019, pages 12-15, Czech National Bank.
    • Handle: RePEc:cnb:ocpubc:geo2019/12
    as

    Download full text from publisher

    File URL: https://www.cnb.cz/export/sites/cnb/en/monetary-policy/.galleries/geo/geo_2019/gev_2019_12_en.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Horn, Keren & Merante, Mark, 2017. "Is home sharing driving up rents? Evidence from Airbnb in Boston," Journal of Housing Economics, Elsevier, vol. 38(C), pages 14-24.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Juan Luis Jiménez & Armando Ortuño & Jorge V. Pérez-Rodríguez, 2022. "How does AirBnb affect local Spanish tourism markets?," Empirical Economics, Springer, vol. 62(5), pages 2515-2545, May.
    2. Koster, Hans R.A. & van Ommeren, Jos & Volkhausen, Nicolas, 2021. "Short-term rentals and the housing market: Quasi-experimental evidence from Airbnb in Los Angeles," Journal of Urban Economics, Elsevier, vol. 124(C).
    3. Benítez-Aurioles, Beatriz & Tussyadiah, Iis, 2021. "What Airbnb does to the housing market," Annals of Tourism Research, Elsevier, vol. 90(C).
    4. Hui Li & Yijin Kim & Kannan Srinivasan, 2022. "Market Shifts in the Sharing Economy: The Impact of Airbnb on Housing Rentals," Management Science, INFORMS, vol. 68(11), pages 8015-8044, November.
    5. Irene Rubino & Cristina Coscia & Rocco Curto, 2020. "Identifying Spatial Relationships between Built Heritage Resources and Short-Term Rentals before the Covid-19 Pandemic: Exploratory Perspectives on Sustainability Issues," Sustainability, MDPI, vol. 12(11), pages 1-22, June.
    6. Bresciani, Stefano & Ferraris, Alberto & Santoro, Gabriele & Premazzi, Katia & Quaglia, Roberto & Yahiaoui, Dorra & Viglia, Giampaolo, 2021. "The seven lives of Airbnb. The role of accommodation types," Annals of Tourism Research, Elsevier, vol. 88(C).
    7. Lauriane Belloy, 2022. "Short-term rental revenues after the lockdown : An advantage for natural areas but always in dense rental spaces," Working papers of Transitions Energétiques et Environnementales (TREE) hal-03671537, HAL.
    8. David López-Rodríguez & María de los Llanos Matea, 2019. "Recent developments in the rental housing market in Spain," Economic Bulletin, Banco de España, issue SEP.
    9. Jorge Luis Casanova Ferrando, 2019. "The Airbnb Effect on theRental Market: the Case of Madrid," Studies on the Spanish Economy eee2019-34, FEDEA.
    10. Robert J. Hill & Norbert Pfeifer & Miriam Steurer, 2025. "Spatial Rent Indices for Cities Around the World: A Comparison of Airbnb and Long-Term Rentals," Graz Economics Papers 2025-01, University of Graz, Department of Economics.
    11. Petter Törnberg & Letizia Chiappini, 2020. "Selling black places on Airbnb: Colonial discourse and the marketing of black communities in New York City," Environment and Planning A, , vol. 52(3), pages 553-572, May.
    12. Walzberg, Julien & Dandres, Thomas & Merveille, Nicolas & Cheriet, Mohamed & Samson, Réjean, 2020. "Should we fear the rebound effect in smart homes?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 125(C).
    13. Jindong Pang & Shulin Shen, 2023. "Do ridesharing services cause traffic congestion?," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 56(2), pages 520-552, May.
    14. Tomaso Duso & Claus Michelsen & Maximilian Schäfer & Kevin Ducbao Tran, 2021. "Airbnb and Rental Markets: Evidence from Berlin," Bristol Economics Discussion Papers 21/746, School of Economics, University of Bristol, UK.
    15. Tedds, Lindsay M. & Cameron, Anna & Khanal, Mukesh & Crisan, Daria, 2021. "Why Existing Regulatory Frameworks Fail in the Short-term Rental Market: Exploring the Role of Regulatory Fractures," MPRA Paper 106712, University Library of Munich, Germany.
    16. Bricongne, Jean-Charles & Meunier, Baptiste & Pouget, Sylvain, 2023. "Web-scraping housing prices in real-time: The Covid-19 crisis in the UK," Journal of Housing Economics, Elsevier, vol. 59(PB).
    17. He, Jiaxiu & Li, Bingqing & Wang, Xin (Shane), 2023. "Image features and demand in the sharing economy: A study of Airbnb," International Journal of Research in Marketing, Elsevier, vol. 40(4), pages 760-780.
    18. Gyódi, Kristóf, 2021. "Airbnb and hotels during COVID-19: different strategies to survive," MPRA Paper 109333, University Library of Munich, Germany.
    19. Matthias Wrede, 2022. "How Short-Term Rentals are Changing the Neighborhood," International Regional Science Review, , vol. 45(4), pages 417-443, July.
    20. Alberto Hidalgo & Massimo Riccaboni & Francisco J. Velázquez, 2024. "The effect of short‐term rentals on local consumption amenities: Evidence from Madrid," Journal of Regional Science, Wiley Blackwell, vol. 64(3), pages 621-648, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cnb:ocpubc:geo2019/12. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jan Babecky The email address of this maintainer does not seem to be valid anymore. Please ask Jan Babecky to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/cnbgvcz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.