How was Airbnb affecting housing markets before the COVID-19 pandemic? In this talk, Sophie Calder-Wang, a former Meyer Fellow and Assistant Professor at The Wharton School of the University of Pennsylvania, will discuss her research focused on the impacts of Airbnb on New York City before the pandemic hit. Using Airbnb data and a stylized model of the city’s housing market, she examined the overall Airbnb costs to the city’s renters and found that the increased rent burden fell most heavily on high-income, educated, white renters. She will also discuss how a nuanced characterization of the winners and losers in the sharing economy can provide a framework for understanding the consequences of regulating Airbnb and similar technological innovations.
Fair Rents, Fair Bills: Understanding Rent & Utility Regulations
JOIN US VIRTUALLY ON MONDAY, NOVEMBER 17TH 12PM
Join us for a learning session about San José’s Rent Stabilization Program and possible updates to the city’s rules on how utilities are billed in rental housing (known as Ratio Utility Billing Services, or RUBS).
We’ll break down:
- What rent stabilization means
- How RUBS works
- And what these proposed changes could mean for renters and housing providers
You’ll also learn how to share your feedback and get involved as the city considers these updates and how it can impact you.