The Right Way to Handle Airbnb: An Informed Solution Would Cap Rental Days, Not Enforce a Total Ban
— June 15, 2018
By Arun Sundararajan
Critics argue that Airbnb hosting takes housing off the market and raises rents. There is no convincing or concrete evidence that Airbnb does either.
In contrast, our own published academic study last fall, which used real and credible data, suggests that if someone tries to make a business out of taking a home off the long-term rental market and running it as a full-time Airbnb, it is virtually impossible to turn a profit.
Read the original article as published by the New York Daily News.
Arun Sundararajan is Professor of Business, Robert L. & Dale Atkins Rosen Faculty Fellow, and Undergraduate Faculty Advisor, Entrepreneurship.