Agent-Based Simulation of Short-Term Peer-to-Peer Rentals: Evidence from the Amsterdam Housing Market (Article Abstract)

Abstract

The full article published in Environment and Planning B studies the effect of a range of possible municipal policy measures on the peer-to-peer short-term rental market. The case study is the city of Amsterdam. A spatial agent-based simulation indicates that more lower income citizens remain in the city centre when regulation of the market is stronger, and that banning the touristic market restrains the overall increase in house prices, compared to the business-as-usual scenario. However, the feasibility of enforcement of regulation, and its libertarian consequences, must be considered.Algorithmic