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The impacts of Airbnb in Athens, Lisbon and Milan: a rent gap theory perspective
Dalarna University, School of Technology and Business Studies, Tourism Studies.ORCID iD: 0000-0002-1400-0357
2020 (English)In: Current Issues in Tourism, ISSN 1368-3500, E-ISSN 1747-7603Article in journal (Refereed) Epub ahead of print
Abstract [en]

The 2007–2008 Global Financial Crisis profoundly impacted the housing markets, particularly of the so-called PIGS countries. Main cities in Portugal, Italy and Greece have seen a sharp decrease in house prices and rent value since 2010. At the same time, the rise of Airbnb has contributed to the reframing of housing market demand in cities, with an increase of temporary lettings in prime urban tourist areas. Understandably, this has direct implications for local residents, with renters’ displacement, tourism gentrification and raising cases of tourismphobia. This article provides insights from three cities – Athens, Lisbon and Milan – to show how the dynamics in the housing market and the boost of Airbnb over the last decade are steadily changing the urban populations of the aforementioned cities. This research builds upon the rent gap theory and the Luke’s’ Power Theory to illustrate how Airbnb is fostering a new form of urban displacement at a faster rate than traditional housing gentrification, with the renting of prime residential areas to tourists.

Place, publisher, year, edition, pages
2020.
Keywords [en]
Airbnb; gentrification; PIGS countries; power theory; rent gap theory; urban tourism
National Category
Other Social Sciences not elsewhere specified
Research subject
Complex Systems – Microdata Analysis
Identifiers
URN: urn:nbn:se:du-32371DOI: 10.1080/13683500.2020.1742674ISI: 000524089900001Scopus ID: 2-s2.0-85083184823OAI: oai:DiVA.org:du-32371DiVA, id: diva2:1421561
Available from: 2020-04-03 Created: 2020-04-03 Last updated: 2020-05-06Bibliographically approved

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de Bernardi, Cecilia

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • chicago-author-date
  • chicago-note-bibliography
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf