It shows that AirBNBs do push up rents - but even in desirable parts of Boston with a lot of AirBNBs - it's /only/ responsible for a 0.4% increase.
Keep in mind that rents have been increasing by >4% per year for 20 years in Boston. A .4% increase is 10% of that. General inflation is /at least/ 50% of it. The other ~40% is coming from elsewhere.
Unless AirBNBs make up a substantial portion of new sales - it is hard to blame them for the majority of price increases.
Here's one of the papers: https://www.sciencedirect.com/science/article/abs/pii/S10511...
It shows that AirBNBs do push up rents - but even in desirable parts of Boston with a lot of AirBNBs - it's /only/ responsible for a 0.4% increase.
Keep in mind that rents have been increasing by >4% per year for 20 years in Boston. A .4% increase is 10% of that. General inflation is /at least/ 50% of it. The other ~40% is coming from elsewhere.
Unless AirBNBs make up a substantial portion of new sales - it is hard to blame them for the majority of price increases.