Abstract

This work focuses on short-term rentals, which is essetnial part of the sharing economy. This particular segment and its impact on the property prices has been frequently discussed in both mass media and the academic research. The aim of this study is to identify whether or not short term rentals have statistically significant impact on the property prices. To fulfill the main research aim, multiple OLS regression model is applied. Results of this method indicate that Airbnb has local impact and contributes to price rise in areas with significant amount of short-term rental supply. On the other hand, model provides no evidence of impact on the whole city of Prague, which was selectí as a basis for this study.

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