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Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels. "Short stay" rentals are an offshoot of the corporate housing market, [2] and are also offered by private owners and investors via online platforms such as Airbnb. [1]
Rent regulation is a system of laws for the rental market of dwellings, with controversial effects on affordability of housing and tenancies. Generally, a system of rent regulation involves: Price controls, limits on the rent that a landlord may charge, typically called rent control or rent stabilization. Eviction controls: codified standards ...
The US short-term rental market reached $64 billion in 2023, up from $39 billion in 2019, according to AirDNA, a data and analytics company focused on the short-term rental industry.
Airbnb, Inc. (/ ˌɛərˌbiːɛnˈbiː / AIR-BEE-en-BEE) is an American company operating an online marketplace for short-and-long-term homestays and experiences in various countries and regions. It acts as a broker and charges a commission from each booking.
With so many Airbnbs out of the short-term rental picture, they've been able to charge more. As such, NYC hotel prices are up 7% over the past year, compared to 2% nationally, according to data ...
September 3, 2024 at 1:48 PM. (Reuters) - Airbnb on Tuesday asked New York City to reconsider regulations on short-term rentals that went into effect in September 2023, citing higher prices for ...
Rent-seeking is an attempt to obtain economic rent (i.e., the portion of income paid to a factor of production in excess of what is needed to keep it employed in its current use) by manipulating the social or political environment in which economic activities occur, rather than by creating new wealth.
Based on this combined data, The Post-Crescent identified roughly 85 short-term rentals in Appleton, 12 in Menasha, 10 in Grand Chute, five in the city of Neenah, three in Little Chute, two in Fox ...