# 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. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://housing-base.journalismarena.eu/short-term-rentals/academic-reports-and-papers/what-airbnb-does-to-the-housing-market-august-2020.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.