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Ah yes when i go on holiday somewhere, first thing i do is go to a property owner and demand they raise the rent.
What happens is that owners throw out renters to turn the flats into airbnb places. Fewer flats for locals means higher demand means higher prices.
You stay in a location where locals could stay, if it weren’t more profitable to use it for short-term holiday stays though.
But don’t the locals - by definition - already own a place? Is a big percentage of people in these places renting?
It depends on where you go obviously, but most urban centers have a majority renting population afaik.
White I appreciate the sarcasm, the link provided is paywalled…
I don’t know why, but it does work for me.
