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The impacts of Airbnb in Athens, Lisbon and Milan

A rent gap theory perspective

Bibliographic Data

ID21699400
AuthorsAlberto Amore (0000-0002-8456-8669, School of Business, Law & Communication Solent University, corresponding author), Cecilia de Bernardi (0000-0002-1400-0357, Dalarna University), Pavlos Arvanitis (0000-0002-5181-7067, School of Business, Law & Communication Solent University)
Year2022
Volume25
Issue20
Pages3329-3342
Publication date2022-10-18
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueCurrent Issues in Tourism (JOURNAL)
Journal identifiersISSN: 1368-3500 • E-ISSN: 1747-7603
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/13683500.2020.1742674
OpenAlexW3015166697
LanguageEN
Citations received36
References cited54

The 2007–2008 Global Financial Crisis profoundly impacted the housing markets, particularly of the so-called PIGS countries. Main cities in Portugal, Italy and Greece have seen a sharp decrease in house prices and rent value since 2010. At the same time, the rise of Airbnb has contributed to the reframing of housing market demand in cities, with an increase of temporary lettings in prime urban tourist areas. Understandably, this has direct implications for local residents, with renters’ displacement, tourism gentrification and raising cases of tourismphobia. This article provides insights from three cities – Athens, Lisbon and Milan – to show how the dynamics in the housing market and the boost of Airbnb over the last decade are steadily changing the urban populations of the aforementioned cities. This research builds upon the rent gap theory and the Luke’s’ Power Theory to illustrate how Airbnb is fostering a new form of urban displacement at a faster rate than traditional housing gentrification, with the renting of prime residential areas to tourists

Economic geography · Economic growth · Economics · Economy · Financialization · Gentrification · Geography · Market economy · Political science · Renting · Tourism · Migration, Aging, and Tourism Studies · Sharing Economy and Platforms · Transportation and Mobility Innovations

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Unique citing works36
Citations per year7,2
Citation span2021 - 2026 (6)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 28

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