# What Airbnb does to the housing market (August 2020)

* **What Airbnb does to the housing market (€)**
* By Benitez-Aurioles, Beatriz and Tussyadiah. Published in Annals of Tourism Research, in August 2020
* [https://doi.org/10.1080/13683500.2020.1786027](https://epubs.surrey.ac.uk/858365/)
* **Abstract**:
  * This paper examines the effect of Airbnb in rents and house prices, using borough-level data from the city of London between 2016 and 2019.
  * It confirms that Airbnb presence **has an upward effect on the prices of both house purchases and of rentals**, even disaggregating by categories; **but the effect is stronger on house prices than rents**, as theorized by the model. 
  * The conclusion is that Airbnb affects the housing market by increasing the value of real estate properties.
* **Keywords**: UK, London, Airbnb, financialisation, financialization, rental prices, house prices, rents, housing prices.