Airbnb Effect News Today

Reasons to be Cheerful reveals how U.S. communities are cracking down on the short-term housing market to make more homes available for residents.

Late last year, New York City made headlines when it all but banned Airbnbs and other short-term rentals within city limits. Reasons to be Cheerful reveals that in August of 2023, Airbnb had more than 25,000 short-term rentals listed in the city. Tenant groups across the city accused short-term rental platforms of hollowing out neighborhoods […]

An architect advocates for creative, simple solutions to the affordable housing crisis

Buying a home has never felt this out of reach.

Experts worry short-term rental companies are taking too many properties off the market, contributing to low supply and high prices.