Edward Yiu: Auckland University Associate Property Professor on the link found between Airbnbs and higher crime-rates

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.   LISTEN ABOVE See omnystudio.com/listener for privacy information.