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Drives up rental property costs making

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Reference no: EM133172296

AirBNB

Ethical Problem faced:

Drives up rental property costs making, Makes it harder to find rental housing

This ethical problem creates a negative issue within the company as:

"AirbnB effect" on local housing markets has become a problem when considering overall effects on housing prices, and communities

It is an inconvenience to renters because with the increasing rental costs  

Loss of tax revenues

Causes a negative effect on employment

It promotes landlords to change properties from the long-term to short-term rental market.

What are some of the options considered to resolve these issues?

Please give 2-3 examples of options that could be taken to this issue being addressed 

Reference no: EM133172296

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