On the relationship between short-term rentals and gentrification: the case of Airbnb in Munich (Germany)

This paper explores the relationship between Airbnb and gentrification by studying Munich, which is at forefront of short-term rental market in Germany. We investigate both functional rent gap, providing a spatial comparison. The results show an overlapping central districts, but there are also gaps peripheries. However, high densities do not always go hand with gentrification. identify considerable seasonality on market, that adds temporal dimension to phenomena. Drawing this, we call for city-wide monitoring these aspects increase transparency provide database urban policy. By exploring case contribute ongoing discussion, as other (German) cities develop same direction Bavarian capital. Apart from that, our quantitative model transferable cases.