The Reykjavik Grapevine – AirBnB Having Complex Effects On The Rental Market

February 14, 2017
AirBnB and tourist accommodation in general is having an effect on the local rental market, and it is hard to pin down this effect quantitatively. According to a new report from Arion Bank, they point out that tourism has become the largest industry in the country. A steady increase in people not only visiting but moving to Iceland, alongside an increase in the number of Icelanders moving out in the country, has numerous effects, not least of all where the housing market is concerned…
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