Is Airbnb to blame for housing affordability? – The Star Democrat

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The rise of Airbnb — hitting $1.8 to $2.5 billion in profit in the first half of 2023 — and similar short-term rental platforms sparked a significant debate over their impact on housing affordability. Urban centers worldwide face escalating rental prices and a shrinking pool of affordable housing. Consequently, these platforms face increasing scrutiny for their role in this crisis.



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