Short-Term Rentals Have Modest Impact on Home Prices, Study Suggests

The Wall Street Journal 2 weeks ago

Short-term vacation rentals haven’t significantly contributed to the rise in American housing costs, according to a nationwide study by Oxford Economics that was commissioned by booking website Expedia Group Inc.

In the first such study to cover every U.S. county where data was available, the report found that over a four-year period only 0.2 percentage point of the 4.3% rise in inflation-adjusted rent could be attributed to the effects of short-term rentals. For home sales, the increase amounts to less than $9 on the average...

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