Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/231314
Authors: 
Mavropoulos, Antonios
Year of Publication: 
2021
Series/Report no.: 
IWH Discussion Papers No. 1/2021
Abstract: 
With the increasing concerns that accompany the rising trends of house sharing economies, regulators impose new laws to counteract housing supply scarcity. In this paper, I investigate whether the ban on short-term entire house listings activated in Berlin in May 2016 had any adverse effects from a household finance perspective. More specifically, I derive short-term rental income and counter-factually compare it with long-term rental income to find that the ban, by decreasing the supply of short-term housing, accelerated short-term rental income but did not have any direct effect on long-term rental income. Commercial home-owners therefore would find renting on the short-term market to be financially advantageous.
Subjects: 
Airbnb
housing markets
sharing economy regulation
short-term rental markets
JEL: 
D31
R30
R31
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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