Is Airbnb’s model for short-term lets ruining cities, or breathing life into them?
Short-term lets are increasingly being blamed for urban ills. At one level, it’s the reduction in properties available for long-term rental and the not-so-small matter of tax avoidance. At another, it’s about the impact on local communities and noise disturbance from partying guests. Is the criticism justified? Airbnb is the company most often associated with …By Steve Smethurst For Aviva