August 29, 2016
With over 2 million listings in 191 countries, Airbnb offers travellers a well-located and affordable short-term renting option in some 34,000 cities worldwide. While the platform has been praised for providing cost-effective accommodation, flexibility and competition to the hotel trade, it has been viewed as a threat to property supply in some cities. As more landlords rent their flats to travellers, locals could end up suffering from higher rents and a lack of housing….