{"id":1296,"date":"2020-01-27T11:11:53","date_gmt":"2020-01-27T10:11:53","guid":{"rendered":"https:\/\/www.uni.lu\/fdef-fr\/events\/lunchseminar-in-economics-short-term-rentals-and-the-housing-market-quasi-experimental-evidence-from-airbnb-in-los-angeles\/"},"modified":"2020-01-27T11:11:53","modified_gmt":"2020-01-27T10:11:53","slug":"lunchseminar-in-economics-short-term-rentals-and-the-housing-market-quasi-experimental-evidence-from-airbnb-in-los-angeles","status":"publish","type":"events","link":"https:\/\/www.uni.lu\/fdef-fr\/events\/lunchseminar-in-economics-short-term-rentals-and-the-housing-market-quasi-experimental-evidence-from-airbnb-in-los-angeles\/","title":{"rendered":"Lunchseminar in Economics:  Short-term rentals and the housing market: Quasi-experimental evidence from Airbnb in Los Angeles"},"content":{"rendered":"<section class=\"wp-block-unilux-blocks-free-section section\"><div class=\"container xl:max-w-screen-xl\"><p>Online short-term rental (STR) platforms such as Airbnb have grown spectacularly. We study the effects of STR-platforms on the housing market using a quasi-experimental research design. 18 out of 88 cities in Los Angeles County have severely restricted short-term rentals by adopting Home Sharing Ordinances. We apply a panel regression-discontinuity design around the cities&rsquo; borders. Ordinances reduced listings by 50% and housing prices by 2%. Additional difference-in-differences estimates show that ordinances reduced rents also by 2%. These estimates imply large effects of Airbnb on property values in areas attractive to tourists (e.g. an increase of 15% within 5km of Hollywood&rsquo;s Walk of Fame).<\/p><p>\u00a0<\/p><p><i>Jos van Ommeren (1966) is Professor of Urban Economics at the VU University. He studied Econometrics at the London School of Economics, United Kingdom and received his PhD in Economics at the VU University Amsterdam. His main interests are in the economic analysis of transport and urban issues, including company car taxation, agglomeration, spatial structure, infrastructure improvements, parking policy, congestion and Airbnb. <\/i><\/p><p><i>Jos has also worked at the Dutch Central Bank, the European University Institute, University College London, Cranfield University and Frisch Centre. He is a fellow of the Tinbergen Institute<\/i><i><\/i><\/p><\/div><\/section>","protected":false},"excerpt":{"rendered":"","protected":false},"author":0,"featured_media":1297,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":{"featured_image_focal_point":[],"show_featured_caption":false,"ulux_newsletter_groups":"","uluxPostTitle":"","uluxPrePostTitle":"","_trash_the_other_posts":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"event_start_date":"2020-02-05 13:00:00","event_end_date":"2020-02-05 14:00:00","event_speaker_name":"Jos van Ommeren, VU University Amsterdam, NL","event_speaker_link":"","event_is_online":false,"event_location":"Universit\u00e9 du Luxembourg, Campus Kirchberg, 29, avenue JF Kennedy   L-1359 Luxembourg, Building JFK, ground floor, room Nancy-Metz","event_street":"","event_location_link":"","event_zip_code":"","event_city":"","event_country":"LU"},"events-topic":[],"events-type":[],"organisation":[100],"authorship":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lunchseminar in Economics: Short-term rentals and the housing market: Quasi-experimental evidence from Airbnb in Los Angeles - FDEF I Uni.lu<\/title>\n<meta name=\"description\" content=\"Online short-term rental (STR) platforms such as Airbnb have grown spectacularly. We study the effects of STR-platforms on the housing market using a\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.uni.lu\/fdef-fr\/events\/lunchseminar-in-economics-short-term-rentals-and-the-housing-market-quasi-experimental-evidence-from-airbnb-in-los-angeles\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lunchseminar in Economics: Short-term rentals and the housing market: Quasi-experimental evidence from Airbnb in Los Angeles\" \/>\n<meta property=\"og:description\" content=\"Online short-term rental (STR) platforms such as Airbnb have grown spectacularly. We study the effects of STR-platforms on the housing market using a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.uni.lu\/fdef-fr\/events\/lunchseminar-in-economics-short-term-rentals-and-the-housing-market-quasi-experimental-evidence-from-airbnb-in-los-angeles\/\" \/>\n<meta property=\"og:site_name\" content=\"FDEF FR\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/uni.FDEF.lu\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/18\/2026\/03\/03111953\/FDEF_SM-Profile_1600x1600px-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"2560\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Dur\u00e9e de lecture estim\u00e9e\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.uni.lu\/fdef-fr\/events\/lunchseminar-in-economics-short-term-rentals-and-the-housing-market-quasi-experimental-evidence-from-airbnb-in-los-angeles\/\",\"url\":\"https:\/\/www.uni.lu\/fdef-fr\/events\/lunchseminar-in-economics-short-term-rentals-and-the-housing-market-quasi-experimental-evidence-from-airbnb-in-los-angeles\/\",\"name\":\"Lunchseminar in Economics: Short-term rentals and the housing market: Quasi-experimental evidence from Airbnb in Los Angeles - FDEF I Uni.lu\",\"isPartOf\":{\"@id\":\"https:\/\/www.uni.lu\/fdef-fr\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.uni.lu\/fdef-fr\/events\/lunchseminar-in-economics-short-term-rentals-and-the-housing-market-quasi-experimental-evidence-from-airbnb-in-los-angeles\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.uni.lu\/fdef-fr\/events\/lunchseminar-in-economics-short-term-rentals-and-the-housing-market-quasi-experimental-evidence-from-airbnb-in-los-angeles\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/18\/2020\/01\/default-7.jpg\",\"datePublished\":\"2020-01-27T10:11:53+00:00\",\"dateModified\":\"2020-01-27T10:11:53+00:00\",\"description\":\"Online short-term rental (STR) platforms such as Airbnb have grown spectacularly. We study the effects of STR-platforms on the housing market using a\",\"breadcrumb\":{\"@id\":\"https:\/\/www.uni.lu\/fdef-fr\/events\/lunchseminar-in-economics-short-term-rentals-and-the-housing-market-quasi-experimental-evidence-from-airbnb-in-los-angeles\/#breadcrumb\"},\"inLanguage\":\"fr-FR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.uni.lu\/fdef-fr\/events\/lunchseminar-in-economics-short-term-rentals-and-the-housing-market-quasi-experimental-evidence-from-airbnb-in-los-angeles\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\/\/www.uni.lu\/fdef-fr\/events\/lunchseminar-in-economics-short-term-rentals-and-the-housing-market-quasi-experimental-evidence-from-airbnb-in-los-angeles\/#primaryimage\",\"url\":\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/18\/2020\/01\/default-7.jpg\",\"contentUrl\":\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/18\/2020\/01\/default-7.jpg\",\"width\":1500,\"height\":1125},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.uni.lu\/fdef-fr\/events\/lunchseminar-in-economics-short-term-rentals-and-the-housing-market-quasi-experimental-evidence-from-airbnb-in-los-angeles\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.uni.lu\/fr\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Facult\u00e9 de Droit, d\u2019\u00c9conomie et de Finance\",\"item\":\"https:\/\/www.uni.lu\/fdef-fr\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Events\",\"item\":\"https:\/\/www.uni.lu\/fdef-fr\/events\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Lunchseminar in Economics: Short-term rentals and the housing market: Quasi-experimental evidence from Airbnb in Los Angeles\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.uni.lu\/fdef-fr\/#website\",\"url\":\"https:\/\/www.uni.lu\/fdef-fr\/\",\"name\":\"FDEF\",\"description\":\"Facult\u00e9 de Droit, d\u2019\u00c9conomie et de Finance I Uni.lu\",\"publisher\":{\"@id\":\"https:\/\/www.uni.lu\/fdef-fr\/#organization\"},\"alternateName\":\"Facult\u00e9 de Droit, d\u2019\u00c9conomie et de Finance I Universit\u00e9 du Luxembourg\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.uni.lu\/fdef-fr\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"fr-FR\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.uni.lu\/fdef-fr\/#organization\",\"name\":\"FDEF - Universit\u00e9 du Luxembourg I Uni.lu\",\"alternateName\":\"Facult\u00e9 de Droit, d\u2019\u00c9conomie et de Finance\",\"url\":\"https:\/\/www.uni.lu\/fdef-fr\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\/\/www.uni.lu\/fdef-fr\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/18\/2026\/03\/03111953\/FDEF_SM-Profile_1600x1600px-scaled.jpg\",\"contentUrl\":\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/18\/2026\/03\/03111953\/FDEF_SM-Profile_1600x1600px-scaled.jpg\",\"width\":2560,\"height\":2560,\"caption\":\"FDEF - Universit\u00e9 du Luxembourg I Uni.lu\"},\"image\":{\"@id\":\"https:\/\/www.uni.lu\/fdef-fr\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/uni.FDEF.lu\",\"https:\/\/www.linkedin.com\/showcase\/fdef-uni-lu\/\"]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Lunchseminar in Economics: Short-term rentals and the housing market: Quasi-experimental evidence from Airbnb in Los Angeles - FDEF I Uni.lu","description":"Online short-term rental (STR) platforms such as Airbnb have grown spectacularly. We study the effects of STR-platforms on the housing market using a","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.uni.lu\/fdef-fr\/events\/lunchseminar-in-economics-short-term-rentals-and-the-housing-market-quasi-experimental-evidence-from-airbnb-in-los-angeles\/","og_locale":"fr_FR","og_type":"article","og_title":"Lunchseminar in Economics: Short-term rentals and the housing market: Quasi-experimental evidence from Airbnb in Los Angeles","og_description":"Online short-term rental (STR) platforms such as Airbnb have grown spectacularly. We study the effects of STR-platforms on the housing market using a","og_url":"https:\/\/www.uni.lu\/fdef-fr\/events\/lunchseminar-in-economics-short-term-rentals-and-the-housing-market-quasi-experimental-evidence-from-airbnb-in-los-angeles\/","og_site_name":"FDEF FR","article_publisher":"https:\/\/www.facebook.com\/uni.FDEF.lu","og_image":[{"width":2560,"height":2560,"url":"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/18\/2026\/03\/03111953\/FDEF_SM-Profile_1600x1600px-scaled.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Dur\u00e9e de lecture estim\u00e9e":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.uni.lu\/fdef-fr\/events\/lunchseminar-in-economics-short-term-rentals-and-the-housing-market-quasi-experimental-evidence-from-airbnb-in-los-angeles\/","url":"https:\/\/www.uni.lu\/fdef-fr\/events\/lunchseminar-in-economics-short-term-rentals-and-the-housing-market-quasi-experimental-evidence-from-airbnb-in-los-angeles\/","name":"Lunchseminar in Economics: Short-term rentals and the housing market: Quasi-experimental evidence from Airbnb in Los Angeles - FDEF I Uni.lu","isPartOf":{"@id":"https:\/\/www.uni.lu\/fdef-fr\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.uni.lu\/fdef-fr\/events\/lunchseminar-in-economics-short-term-rentals-and-the-housing-market-quasi-experimental-evidence-from-airbnb-in-los-angeles\/#primaryimage"},"image":{"@id":"https:\/\/www.uni.lu\/fdef-fr\/events\/lunchseminar-in-economics-short-term-rentals-and-the-housing-market-quasi-experimental-evidence-from-airbnb-in-los-angeles\/#primaryimage"},"thumbnailUrl":"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/18\/2020\/01\/default-7.jpg","datePublished":"2020-01-27T10:11:53+00:00","dateModified":"2020-01-27T10:11:53+00:00","description":"Online short-term rental (STR) platforms such as Airbnb have grown spectacularly. We study the effects of STR-platforms on the housing market using a","breadcrumb":{"@id":"https:\/\/www.uni.lu\/fdef-fr\/events\/lunchseminar-in-economics-short-term-rentals-and-the-housing-market-quasi-experimental-evidence-from-airbnb-in-los-angeles\/#breadcrumb"},"inLanguage":"fr-FR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.uni.lu\/fdef-fr\/events\/lunchseminar-in-economics-short-term-rentals-and-the-housing-market-quasi-experimental-evidence-from-airbnb-in-los-angeles\/"]}]},{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/www.uni.lu\/fdef-fr\/events\/lunchseminar-in-economics-short-term-rentals-and-the-housing-market-quasi-experimental-evidence-from-airbnb-in-los-angeles\/#primaryimage","url":"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/18\/2020\/01\/default-7.jpg","contentUrl":"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/18\/2020\/01\/default-7.jpg","width":1500,"height":1125},{"@type":"BreadcrumbList","@id":"https:\/\/www.uni.lu\/fdef-fr\/events\/lunchseminar-in-economics-short-term-rentals-and-the-housing-market-quasi-experimental-evidence-from-airbnb-in-los-angeles\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.uni.lu\/fr"},{"@type":"ListItem","position":2,"name":"Facult\u00e9 de Droit, d\u2019\u00c9conomie et de Finance","item":"https:\/\/www.uni.lu\/fdef-fr\/"},{"@type":"ListItem","position":3,"name":"Events","item":"https:\/\/www.uni.lu\/fdef-fr\/events\/"},{"@type":"ListItem","position":4,"name":"Lunchseminar in Economics: Short-term rentals and the housing market: Quasi-experimental evidence from Airbnb in Los Angeles"}]},{"@type":"WebSite","@id":"https:\/\/www.uni.lu\/fdef-fr\/#website","url":"https:\/\/www.uni.lu\/fdef-fr\/","name":"FDEF","description":"Facult\u00e9 de Droit, d\u2019\u00c9conomie et de Finance I Uni.lu","publisher":{"@id":"https:\/\/www.uni.lu\/fdef-fr\/#organization"},"alternateName":"Facult\u00e9 de Droit, d\u2019\u00c9conomie et de Finance I Universit\u00e9 du Luxembourg","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.uni.lu\/fdef-fr\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"fr-FR"},{"@type":"Organization","@id":"https:\/\/www.uni.lu\/fdef-fr\/#organization","name":"FDEF - Universit\u00e9 du Luxembourg I Uni.lu","alternateName":"Facult\u00e9 de Droit, d\u2019\u00c9conomie et de Finance","url":"https:\/\/www.uni.lu\/fdef-fr\/","logo":{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/www.uni.lu\/fdef-fr\/#\/schema\/logo\/image\/","url":"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/18\/2026\/03\/03111953\/FDEF_SM-Profile_1600x1600px-scaled.jpg","contentUrl":"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/18\/2026\/03\/03111953\/FDEF_SM-Profile_1600x1600px-scaled.jpg","width":2560,"height":2560,"caption":"FDEF - Universit\u00e9 du Luxembourg I Uni.lu"},"image":{"@id":"https:\/\/www.uni.lu\/fdef-fr\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/uni.FDEF.lu","https:\/\/www.linkedin.com\/showcase\/fdef-uni-lu\/"]}]}},"_links":{"self":[{"href":"https:\/\/www.uni.lu\/fdef-fr\/wp-json\/wp\/v2\/events\/1296"}],"collection":[{"href":"https:\/\/www.uni.lu\/fdef-fr\/wp-json\/wp\/v2\/events"}],"about":[{"href":"https:\/\/www.uni.lu\/fdef-fr\/wp-json\/wp\/v2\/types\/events"}],"replies":[{"embeddable":true,"href":"https:\/\/www.uni.lu\/fdef-fr\/wp-json\/wp\/v2\/comments?post=1296"}],"version-history":[{"count":0,"href":"https:\/\/www.uni.lu\/fdef-fr\/wp-json\/wp\/v2\/events\/1296\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.uni.lu\/fdef-fr\/wp-json\/wp\/v2\/media\/1297"}],"wp:attachment":[{"href":"https:\/\/www.uni.lu\/fdef-fr\/wp-json\/wp\/v2\/media?parent=1296"}],"wp:term":[{"taxonomy":"events-topic","embeddable":true,"href":"https:\/\/www.uni.lu\/fdef-fr\/wp-json\/wp\/v2\/events-topic?post=1296"},{"taxonomy":"events-type","embeddable":true,"href":"https:\/\/www.uni.lu\/fdef-fr\/wp-json\/wp\/v2\/events-type?post=1296"},{"taxonomy":"organisation","embeddable":true,"href":"https:\/\/www.uni.lu\/fdef-fr\/wp-json\/wp\/v2\/organisation?post=1296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}