[atomic77]

I admit that both my observations, and the ones in the Wired article I cited, are anecdotal. And it's certainly not the only factor driving those rent decreases. But it's oddly coincidental that the biggest and most immediate price drops seem to be concentrated in the areas that had the most Airbnb listings, at least based on what i've looked at in Toronto.

[itake]

In LA, there are a lot of airbnb properties being listed for mid to long term housing on FB housing groups.

I also saw a lot of student rooms available.

[jdm2212]

Desirable areas have lots of demand for both regular apartments and places for tourists to stay.