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Professor Arun Sundararajan explains why he believes Airbnb rentals do not have an impact the longer-term rental market

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Excerpt from SFGate -- "'The story that is being told is that people take units off the long-term rental market to rent them on Airbnb,' Sundararajan said. 'It’s a story that resonates with a lot of people. But if you look at the data ... it is very clear that if there is any effect that Airbnb is having on the availability of long-term rentals, it is very small compared to the effects of rent stabilization and population growth.'"

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