Impact of Airbnb Bans on Rental Markets
Cities around the globe, including New York City and Honolulu, have been tightening the noose on Airbnb rentals. While this might seem like a setback for those invested in STRs, it turns out these bans can also affect long-term rental property owners negatively. Particularly in areas where Airbnb and other STRs are common, such bans can significantly influence long-term rent prices.