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PreprintCited by 2Sharing Economy and PlatformsHousing Market and EconomicsDiverse Aspects of Tourism Research

The DOI matches its Crossref record; 19 of the 19 references it cites were found in a registry or an index.

The Effects of Short-term Rental Regulation: Insights from Chicago

Open access
Jin, Ginger Zhe, Wagman, Liad, Zhong, Mengyi·2023·SSRN Electronic Journal
DOI 10.2139/ssrn.4638022
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Abstract

We provide an in-depth examination of short-term rental regulation in Chicago. While many cities choose between outright bans or laissez-faire strategies concerning short-term rentals, Chicago pioneered a middle ground ordinance, aiming to accommodate this market while addressing various concerns. Our analysis reveals a 16.4% decline in active listings following the ordinance, but only after the city began receiving direct data feeds from intermediary platforms. We demonstrate the effects differ for commercial operators and individual hosts. The overall decline resulted in a substantial drop in Airbnb revenues as well as in tax revenues for the city, county and state from short-term rentals, and benefited hotels. Despite minimal effects on crime citywide, we find a localized reduction in burglaries near buildings that prohibit short-term rentals as part of a new capability introduced by the ordinance.

Overview

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Registry

Crossref · 10.2139/ssrn.4638022

Cites

19 of 19 references verified0 citation errors · 0 not checkable

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Citations

Cites

Show all 16 references

Research works printed but not linked: 8

  1. Airbnb, 2023, Hosts generated over $2 billion in tax revenue in the US and Canada in 2022, Airbnb Newsroom
  2. John Byrne, 2016, Chicago may regulate Airbnb home sharing amid 'animal house'-style complaints
  3. Chicagobacp, 2020, Mayor Lightfoot Introduces Ordinance To Reform Shared Housing Industry
  4. Leigh Gallagher, 2018, The Airbnb Story How Three Ordinary Guys disrupted an industry made billions... and created plenty of controversy
  5. Insideairbnb, 2023, Inside Airbnb Chicago Statistics
  6. Dayne Lee, 2016, How Airbnb Short-Term Rentals Exacerbate Los Angeles' Affordable Housing Crisis: Analysis and Policy Recommendations
  7. Tony Mariotti, 2023, Airbnb statistics
  8. Betsy Reed, 2017, First Venice and Barcelona: Now anti-tourism marches spread across Europe

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Metadata

Authors
Jin, G. Z., Wagman, L., & Zhong, M.
Affiliations
  • National Bureau of Economic Research (US)
  • Rensselaer Polytechnic Institute (US)
  • University of Maryland, College Park (US)
Corresponding author
Zhong, Mengyi
ORCID
Venue
SSRN Electronic Journal
Publisher
Elsevier BV
Published
2023
ISSN
1556-5068 (ISSN-L)
DOI
10.2139/ssrn.4638022
OpenAlex
W4389352978
Cited by
2
References
16
Citations by year
2026: 1 · 2024: 1
Type
posted content
Language
en
Open access
Locations
SSRN Electronic Journal (submittedVersion)
Topics
  • Social Sciences › Business, Management and Accounting › Marketing › Sharing Economy and Platforms
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Housing Market and Economics
  • Social Sciences › Business, Management and Accounting › Tourism, Leisure and Hospitality Management › Diverse Aspects of Tourism Research
Keywords
short-term rental regulation, Airbnb, hotel industry, local tax revenue, burglary, housing policy

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CoChat. (2026). Citation check: The Effects of Short-term Rental Regulation: Insights from Chicago. https://app.cochat.ai/papers/10.2139/ssrn.4638022
The paper
Jin, G. Z., Wagman, L., & Zhong, M. (2023). The Effects of Short-term Rental Regulation: Insights from Chicago. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.4638022

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.