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expensive STR and the monthly rates paid at the next residence. It’s when a long-term unit becomes a <br />short-term unit (conversion) that pressure is exerted on rates. <br />The effect of home-sharing on house prices and rents: Evidence from Airbnb. Kyle Barron, Edward <br />Kung, Davide Proserpio. SSRN, July 2017/June 2019. <br />https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3006832 <br />Is home sharing driving up rents? Evidence from Airbnb in Boston. Mark Merante, Keren Mertens <br />Horn. Dept. of Economics, University of Massachusetts Boston. 2016. <br />http://repec.umb.edu/RePEc/files/2016_03.pdf <br />How much does Airbnb affects rents in NYC? Ariel Stulberg. The Real Deal. Oct. 14, 2015. <br />https://therealdeal.com/2015/10/14/how-much-does-airbnb-impact-nyc-rents/ <br />Airbnb, rising rent, and the housing crisis in Los Angeles. Roy Samaan, LAANE. March 2015. <br />https://www.laane.org/wp-content/uploads/2015/03/AirBnB-Final.pdf <br />Do Airbnb properties affect house prices? Stephen Sheppard and Andrew Udell. Williams College Dept. <br />of Economics. Jan. 1, 2018. <br />https://pdfs.semanticscholar.org/c41a/555192f8b8a63413cfd461f4295b95123e6f.pdf?_ga=2.1525041.1 <br />044339924.1566438551-620960455.1566438551 <br />Airbnb and the rent gap: Gentrification through the sharing economy. David Wachsmuch and <br />Alexander Weisler. School of Urban Planning, McGill University. July 7, 2014. <br />https://davidwachsmuth.files.wordpress.com/2017/07/wachsmuth-weisler-airbnb-draft.pdf (This link is <br />to the draft. The .pdf at Researchgate cuts off some of the text on the right edge.) <br />The impact of short term rentals on affordable housing in Oakland: A report and recommendations. <br />Dessi Mia Carbajal. Community Economics, Inc and East Bay Housing Organizations. December 2015. <br />https://www.naceda.org/assets/EBHO%20Short%20Term%20Rental%20Impact%20Report.pdf <br />Economic and other impacts <br />Short-term rentals create impacts other than on the housing market, some financial, some involving the <br />quality of life in a city and its neighborhoods. STRs in this context are bound up with discussion of the <br />tourist industry and accommodations sector of local economies. <br />Russ Klettke of the Vacation Rental Management Association paints a predictably rosy—not necessarily <br />false—picture of the economic benefits to communities from vacation rentals (Airbnb is not specifically <br />mentioned), noting economic activity in general and job creation in particular. It should be mentioned <br />September 23, 2019, Work Session – Item 3