Preprint Article Version 1 Preserved in Portico This version is not peer-reviewed

The Airbnb Phenomenon: A Qualitative Analysis of Its Consequences on Urban Housing Markets

Version 1 : Received: 3 October 2023 / Approved: 4 October 2023 / Online: 4 October 2023 (10:55:57 CEST)

How to cite: Ekeroma, J. E. The Airbnb Phenomenon: A Qualitative Analysis of Its Consequences on Urban Housing Markets. Preprints 2023, 2023100226. https://doi.org/10.20944/preprints202310.0226.v1 Ekeroma, J. E. The Airbnb Phenomenon: A Qualitative Analysis of Its Consequences on Urban Housing Markets. Preprints 2023, 2023100226. https://doi.org/10.20944/preprints202310.0226.v1

Abstract

The phenomenon of Airbnb has significantly permeated the urban housing markets of major U.S. cities. This qualitative analysis meticulously examines its wide-ranging impacts, exploring Airbnb’s operational model, regulatory challenges, and its influence on housing availability, prices, and neighborhood dynamics. The research aggregates insights from various sources, including academic articles, web-based resources, and case studies, providing a nuanced understanding of the intricate balance cities are endeavoring to achieve between the economic opportunities Airbnb presents and the potential strains it places on local housing markets. The paper also scrutinizes the evolving policy frameworks and their effectiveness in mitigating the impacts of short-term rental platforms. Furthermore, it deliberates on future trends in the short-term rental market and the wider implications for the sharing economy. Concluding, the paper acknowledges the limitations of the qualitative method and suggests areas for future in-depth research, aiming to offer insightful contributions to policymakers, researchers, and urban planners engaged in urban housing discourse in the United States.

Keywords

Airbnb, Urban Housing Markets, Housing Accessibility, Renting Economy, Sharing 14

Subject

Social Sciences, Geography, Planning and Development

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