Gandhi, A, Park, J, Zhou, G and Sanjana S. (2019). Short term rental regulations: Local government solutions. Dept. of City and Regional Planning, Cornell University, Ithaca, NY.
The past decade has seen an explosive growth in short-term rentals (STR) globally. The biggest market player among these platforms, Airbnb, has a valuation exceeding top hotel chains. What role should local
governments play in regulating STRs? We present a toolkit with solutions that local governments can apply to STRs in their localities. We find that regulations work well when tailored to city characteristics and policy goals.
Subject: Preemption