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The Airbnb Effect on the Rental Industry

Posted By loculogic on Property

https://www.rentecdirect.com - The popular short term rental website, Airbnb, is getting criticized for negatively impacting rental housing availability and causing rent rates to rise – a phenomenon dubbed as the “Airbnb effect”. The concept behind the Airbnb effect is that rental property owners are using their units for short term rentals which keeps them off the long-term […]
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