1230 | 534 | The spatial effect of short-term rental regulation on professional supply: A comparison between Barcelona and Paris | Gianluca Bei
The short rental market has grown exponentially in major European tourist cities. The short-term rental industry is mainly composed of professional actors and is spatially concentrated in certain areas of the city. In these terms, this economic activity tends to consolidate spatial inequalities in urban tourism processes. In recent years, various regulatory approaches have been introduced to limit the supply of short rentals. There are several contributions in the literature aimed at examining the objectives of the policies and their instruments. Differently, there are no specific contributions aimed at assessing the spatial effects of limiting the supply of short rentals in European cities. This contribution aims to answer that research question by studying the spatial effects of regulation and the effectiveness of enforcement processes in Barcelona and Paris. The former implemented a restriction specifically aimed at blocking citywide Airbnb supply and redistributing it territorially through a specific zonal system. In contrast, the latter introduced a time limit aimed at limiting professional activity, without explicitly intervening in the spatiality of supply. Thus, the objective of the paper is to assess the effect of applying the respective policies on the amount and concentration of professional Airbnb supply expressed in the number of listings in entire apartments available on the platform for more than ninety days. This paper aims to investigate the extent to which the restrictions were able to territorially rebalance the supply of professional Airbnb listings, which we know from the literature on the topic to be concentrated in specific areas.
Gianluca Bei
“La Sapienza”, University of Rome ; IGOT, University of Lisbon
ID Abstract: 534