Estimation of the Impact of Airbnb on House Prices in Corsica: A Machine Learning approach

Key Points

• House prices in Corsica appear significantly impacted by the presence of Airbnb listings, prompting economic concerns.
• The study uses advanced machine learning techniques to analyze housing market data from Corsica.
• Observational analysis integrating various economic factors provides insights into Airbnb's role in influencing home values.
• Highlights the need for regulatory measures to mitigate potential housing affordability issues due to short-term rentals.

Abstract