Edward Yiu: Auckland University Associate Property Professor on the link found between Airbnbs and higher crime-rates
Early Edition with Ryan Bridge · Newstalk ZB
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Show Notes
Airbnb could be damaging the value of some neighbourhood homes.
Researchers using Auckland census data have identified links between more Airbnbs in communities and higher crime-rates.
It highlights how Airbnb's replace long-term owner occupiers with short term occupants, which can erode the anti-crime capability of the community.
That leads to lower house prices.
Auckland University Associate Property Professor, Edward Yiu, told Kate Hawkesby that this is especially apparent with apartment-type housing.
He said in the past a gate with a code could be installed, but because strangers can enter for their Airbnb, it’s raised security concerns.
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