Housing versus home sharing
The causal impact of short-term rental regulation on residential rents
Bibliographic Data
| ID | 19230010 |
|---|---|
| Authors | David Wachsmuth (0000-0001-5689-9527, McGill University, corresponding author), Colette St-Hilaire (0000-0002-0653-4340, University of Waterloo) |
| Year | 2026 |
| Volume | 60 |
| Issue | 1 |
| Publication date | 2026-12-31 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Regional Studies (JOURNAL) |
| Journal identifiers | ISSN: 0034-3404 • E-ISSN: 1360-0591 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/00343404.2026.2670360 |
| OpenAlex | W7164149651 |
| Language | EN |
| Citations received | 1 |
| References cited | 45 |
What is the relationship between short-term rental (STR) activity, STR regulations and residential rents? Using the staggered introduction of principal-residence restrictions in Canadian urban areas, we estimate the causal impact of STRs on rents in a time-varying difference-in-differences model. We find that principal-residence regulations that reduce STR activity cause rents to decline in subsequent years, demonstrating that STR activity increases rents. Additional analyses show that these effects propagate across neighbouring jurisdictions, consistent with adjustments in metropolitan housing markets rather than purely localised policy impacts. Further descriptive analysis decomposes this impact into separate supply, demand and rental price stickiness channels
Economic rent · Instrumental variable · Metropolitan area · Rental housing · Renting · Housing Market and Economics · Housing, Finance, and Neoliberalism · Sharing Economy and Platforms
Mostly Pointless Spatial Econometrics?
When Tourists Move In
Is home sharing driving up rents? Evidence from Airbnb in Boston
The Effect of Home-Sharing on House Prices and Rents
Regulating Airbnb
Difference-in-Differences with multiple time periods
Estimating dynamic treatment effects in event studies with heterogeneous treatment effects
Complementary or competitive? Interrelationships between hotels, Airbnb and housing in Tel Aviv, Israel
Performing a peer-to-peer economy
Overtourism and online short-term rental platforms in Italian cities
Airbnb and the Hidden Barriers to Effective Regulation
The impact of Airbnb on residential property values and rents
Assessing the impacts of Airbnb listings on London house prices
The impact of Airbnb on housing affordability
The Nominal Rigidity of Apartment Rents
Why did it not work? Reflections on regulating Airbnb and the complexity and agency of platform capitalism
Home or hotel? A contemporary challenge in the use of housing stock
The challenges of measuring the short-term rental market
What Airbnb does to the housing market
Do short-term rental platforms affect housing markets? Evidence from Airbnb in Barcelona
Short-term rentals and the housing market
Airbnb and its potential impact on the London housing market
Airbnb
Airbnb's contribution to socio-spatial inequalities and geographies of resistance in Barcelona
Airbnb, buy-to-let investment and tourism-driven displacement
Airbnb and the rent gap
| Unique citing works | 1 |
|---|---|
| Citations per year | 1 |
| Citation span | 2026 - 2026 (1) |
| Citation velocity | current |
| Highly cited | No |