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The effect of short-term rental platformns on rental prices: Evidence from Airbnb in Berlin

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  • Mindl, Felix

Abstract

This article investigates the effect of short-term rental platforms on the housing market, using the explosive growth of Airbnb experienced in Berlin as a case study. To identify a causal effect, I exploit the structure of Airbnb in Berlin and combine a hedonic housing model with a Triple Difference-in-Difference approach. The analysis of six hundred thousand apartments shows that rapid growth of professional Airbnb listings has lead to a three percent increase in asking rents in city districts with high Airbnb concentration.

Suggested Citation

  • Mindl, Felix, 2020. "The effect of short-term rental platformns on rental prices: Evidence from Airbnb in Berlin," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224613, Verein für Socialpolitik / German Economic Association.
  • Handle: RePEc:zbw:vfsc20:224613
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    References listed on IDEAS

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    More about this item

    Keywords

    Sharing economy; peer-to-peer markets; housing markets; Airbnb;
    All these keywords.

    JEL classification:

    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software

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