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by paulojreis 3531 days ago
> AirBnB's marketshare is coming out of someone.

In Portugal, it seems to be coming from the rental market. In the sense that there's been an increase in tourism and the increased demand for short-term accommodation is being fulfilled with properties which were previously for longer rentals.

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> In Portugal, it seems to be coming from the rental market. In the sense that there's been an increase in tourism and the increased demand for short-term accommodation is being fulfilled with properties which were previously for longer rentals.

This has happened in Ireland, and especially Dublin as well. With rents increasing by 10% per year, AirBnB is blamed by some for reducing the stock of privately rented accomodation.