Faculty News

Prof. Arun Sundararajan on Airbnb's impact on housing in San Francisco

TIME logo
Excerpt from TIME -- "Arun Sundararajan, an economist who reviewed the report, believes that Airbnb and its data are something of a red herring. While the site may lead to some units being taken off the market and to disturbances among neighbors who don’t like sharing their buildings with tourists, he says the housing options provided by Airbnb are likely drawing more tourists—and more revenue—to the city. The responsibility of Airbnb in yielding the current lack of housing in the city is 'sort of like a rounding error when you compare it to the population growth in San Francisco and the number of units that are rent-controlled.'"

Read more