the impacts of airbnb on housing markets in nsw · quantitative - utilising available data from...
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![Page 1: The Impacts of Airbnb on Housing Markets in NSW · Quantitative - Utilising available data from Inside Airbnb, ABS Census data and Core Logic housing data, analyse the measurable](https://reader033.vdocument.in/reader033/viewer/2022052020/6033acb0cd28203c5c3b9732/html5/thumbnails/1.jpg)
The Impacts of Airbnb on Housing Markets in NSW
Laura Hodgson
ARC Linkage Project: LP150100160
Twitter: @Lct.Hodgson
Email: [email protected]
‘What has been the impact of Airbnb on New South Wales housing markets between 2011 and 2017 and how has this impact been shaped by governments?’
Moonee Valley Workshop1 May 2018
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Airbnb a household name…
Short Term Rental Accommodation (STRA) or Short Term Holiday Letting (STHL)
Disintermediation
Disruption
Not the share or collaborative economy
Commercial enterprise
@Lct.Hodgson
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Airbnb in Australia – does this sound like a share economy?
In the top 10 users globally, as guests and hosts.
Sydney is in the top 10 of global destinations.
30.1% of Sydney’s hosts have multiple listings.
Fitzroy, Melbourne, increased its visits of Airbnb guests by 770% from 2015-2016.
Airbnb has partnerships with Qantas and the Flight Centre Travel Group as part of its expansion into business travel.
Airbnb & Victorian Government have partnered for Airbnb to provide free accommodation in response to natural disasters.
@Lct.Hodgson
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Key StakeholdersNeighborhood & Community
Airbnb Consumers Airbnb Guests
InvestorsAirbnb Hosts
Conventional Accommodation
Providers
Social Housing Agencies
Tourism Industry
Advocates
Government
@Lct.Hodgson
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Research Questions
What is Airbnb and where does it fit within the current economic model?
What are the key housing affordability issues in NSW and in what areas and how may Airbnb be contributing to housing affordability factors?
How has Airbnb interacted with regulations and structures of government in NSW and what does this mean for the failure of housing affordability and this model of accommodation provision?
@Lct.Hodgson
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Housing Market
Housing Market
Regulatory Pathways
Ignore/No Action
Control/Restrict
Enable
Arrival of
Stakeholders
Social Housing Agencies
Tourism Industry Advocates
Conventional Accommodation
Providers
Government
Consumers
Investors
Existing Home Owners
Neighbourhood & Community
@Lct.Hodgson
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New State Spaces & Competing Government Interests
Federal Government
State Government
Local Government
Concerns of the impact on housing
Residential Tenants Legislation
Tourism
Economic development
Response to neighbourhood complaints
Rating implications
Tourism
Economic development
Tax
Consumer & Competition Law
Tourism
Economic development
@Lct.Hodgson
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Research Design
Selected Local Government Case Studies
Northern Rivers Region
Sydney
Mixed Methods
Quantitative - Utilising available data from Inside Airbnb, ABS Census data and Core Logic housing data, analyse the measurable impact on housing markets 2011-2017.
Qualitative - Use of the Final Report - Adequacy of the Regulation of Short-Term Holiday Letting in New South Wales and related documents.
Qualitative – Semi-structured interviews with real estate agents and local and state government for their perspective on the impact.
@Lct.Hodgson
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Inside Airbnb http://insideairbnb.com/sydney/?neighbourhood=&filterEntireHomes=false&filterHighlyAvailable=false&filterRecentReviews=false&filterMultiListings=false accessed 25 June 2017
Sydney
Data: 04 April 2017
Listings: 24,083
Red = entire homes 60.8%
Green = private rooms 37.8%
Blue = shared rooms 1.5%
Multiple Listings: 31.8%
@Lct.Hodgson
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Inside Airbnb http://insideairbnb.com/sydney/?neighbourhood=&filterEntireHomes=false&filterHighlyAvailable=false&filterRecentReviews=false&filterMultiListings=false accessed 25 November 2017
Sydney
Data: 03 October 2017
Listings: 27,360
Red = entire homes 61.2%
Green = private rooms 37.2%
Blue = shared rooms 1.5%
Multiple Listings: 31.8%
@Lct.Hodgson
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Northern Rivers
Data: 21 October 2017
Listings: 4256
Red = entire homes 75.4%
Green = private rooms 24.5 %
Blue = shared rooms 0.1%
Multiple Listing: 48.3%
Inside Airbnb http://insideairbnb.com/northern-rivers/ accessed 25 November 2017
@Lct.Hodgson
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What’s next?
Attending an Affordable Housing Forum in Bellingen NSW.
Taking leave during May & June to undertake a Research Assistant Role with an EDA project.
Presenting at the AHURI PhD Symposium.
Presenting at the joint APNHR and AHRC.
Continue writing chapters 1-5.
Focus on part 1 - quantitative methods & analysis.
Prepare for part 2 - qualitative methods, including ethics approval.
Thank you for your time
@Lct.Hodgson