Vacant homes aren’t decreasing — is Airbnb a cause?

vacantBy Kelsey Ramírez | HousingWireAfter the housing bust, the number of foreclosures rose dramatically. From 2006 to 2010, foreclosure inventory rose by nearly 2 million, then it dropped, decreasing the number of vacant homes.

However, the number of off-market vacant homes did not follow suit. While there could be a number of reasons for this, could Airbnb, a company that allows for homes to be used as short-term rentals, be one of them?

HousingWire first looked at Airbnb as the cause for rent increases in our September edition magazine. This issue is so important, in fact, that we took an unprecedented step by taking the story out from behind the paywall.

Continued:

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