higher housing costs for city residents, loss of tax revenue
February 4, 2019 9:30 AM Subscribe
“The debates about whether and how to regulate IBSFs (Internet based service firms) often involve theories about their economic costs and benefits. This report aims to inform the debate by testing those theories. Specifically, it assesses the potential economic costs and benefits of the expansion of one of the most well-known of the IBSFs: the rental business Airbnb.” The Economic Policy Insitutue provides an in-depth study of the economic costs and benefits of Airbnb and how cities should respond to it and other IBSFs.
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