Date of Graduation
5-2024
Document Type
Thesis
Degree Name
Bachelor of Arts in Political Science
Degree Level
Undergraduate
Department
Political Science
Advisor/Mentor
Lee Mitchell, Joshua
Committee Member/Reader
Sebold, Karen
Committee Member/Second Reader
Billig, Noah
Committee Member/Third Reader
Plavcan, Joseph
Abstract
Recent research in the short-term rental (STR) industry shows a positive relationship between the expansion of usage of home-sharing platforms and the cost of housing, as well as an inverse relationship between STR expansion and the availability of long-term housing units. In these studies, as short-term rental units increase, housing costs tend to go up, and long-term housing unit availability tends to decrease by a measurable amount. As the utilization of STRs can be a valuable source of income for citizens and assist with increasing housing prices and the cost of living, leaders, and researchers are also concerned about their impacts on housing prices and availability. While this paper does not aim to judge whether STRs are a suitable form of hospitality lodging for cities, it does aim to understand the industry's relationship with housing availability and attainability and to guide community leaders and policymakers for the future implementation of regulations in their individual cities, using Branson, Missouri, and Fayetteville, Arkansas, as models.
Keywords
short-term rental; airbnb; urbanism
Citation
McAdara, S. (2024). Short-Term Rentals and its Impact on Housing Attainability and Availability in Branson, Missouri, and Fayetteville, Arkansas. Political Science Undergraduate Honors Theses Retrieved from https://scholarworks.uark.edu/plscuht/34