London's steep rents not Airbnb's fault, company boss says

The European head of Airbnb has hit back at claims that the home rental service is driving up property prices and helping exacerbate London's housing crisis.
Olivier Gremillon, the managing director (Europe, Middle East and Africa) at Airbnb, told the Press Association that short-term home rental sites like Airbnb are not to blame for the capital's housing crunch.
"There have been a few studies done by academics which said, no it doesn't really increase the price of housing. There is a housing shortage in London (but) is it because of Airbnb? No. There are a lot of other reasons why... read more

29 September 2016 in Regional East, Views: 23
Source: Belper News

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