Opinion: Airbnb and short-term rentals drive up L.A. housing prices. Here's how we can push back [Los Angeles Times (CA)]
Airbnb, Inc. - Class A (ABNB)
Company Research
Source: Los Angeles Times
If this sounds like a familiar story, it is. In 2019, shortly after the city had announced it was beginning to enforce its short-term rental rules, I found that illegal rentals were still flourishing . My follow-up studies in 2021 and showed the same thing. Why should we care about illegal short-term rentals? The simple answer is that they are making housing scarcer and less affordable for Angelenos. A landmark study led by Kyle Barron of the National Bureau of Economic Research found that Airbnb was responsible for nearly one-fifth of all the residential rent increases in the United States between 2012 and 2016. A Los-Angeles specific study led by Hans Koster from Vrije Universiteit Amsterdam found that between 2014 and 2018, Airbnb was responsible for a more than 30% increase in housing prices in Venice , as well as large price increases in other major tourist destinations in Los Angeles. Higher housing costs directly increase homelessness . Looking at the impact of short-term
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ABNB
Earnings
- 11/6/25 - Miss
ABNB
Sec Filings
- 12/23/25 - Form 4
- 12/19/25 - Form 4
- 12/19/25 - Form 144
- ABNB's page on the SEC website