spb/wp5_uqo Public
UQO Working Paper No. 5 — Airbnb, residential rents and housing market pressure.
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1\small2\begin{tabular}{lccccc}3\toprule4 & \textbf{(1a)} & \textbf{(1b)} & \textbf{(1c)} & \textbf{(1d)} & \textbf{(1e)} \\5Dep.\ var: & \textit{log\_rent} & \textit{log\_rent} & \textit{log\_rent} & \textit{log\_rent} & \textit{log\_rent} \\6\midrule7const & 7.5990*** & 7.0390*** & 7.2380*** & 7.2380*** & 7.2766*** \\8 & (0.0040) & (0.0139) & (0.0677) & (0.0677) & (0.0332) \\[4pt]9airbnb\_count\_500m & 0.0020*** & 0.0048*** & 0.0039*** & & \\10 & (0.0003) & (0.0002) & (0.0002) & & \\[4pt]11airbnb\_density\_500m & & & & 0.0030*** & \\12 & & & & (0.0002) & \\[4pt]13share\_entire\_home\_500m & & & & & -0.0041 \\14 & & & & & (0.0107) \\[4pt]15bedrooms & & 0.1118*** & 0.1276*** & 0.1276*** & 0.1215*** \\16 & & (0.0046) & (0.0046) & (0.0046) & (0.0057) \\[4pt]17bathrooms & & 0.2604*** & 0.2287*** & 0.2287*** & 0.3033*** \\18 & & (0.0128) & (0.0126) & (0.0126) & (0.0104) \\[4pt]19bt\_House & & 0.0880*** & 0.0825*** & 0.0825*** & 0.0305 \\20 & & (0.0128) & (0.0137) & (0.0137) & (0.0260) \\[4pt]21bt\_Row / Townhouse & & 0.1493*** & 0.0981*** & 0.0981*** & 0.1187* \\22 & & (0.0375) & (0.0366) & (0.0366) & (0.0695) \\[4pt]23\midrule24Observations & 8303 & 7925 & 7925 & 7925 & 4370 \\25R$^2$ & 0.0075 & 0.4705 & 0.5697 & 0.5697 & 0.4961 \\26Adj.\ R$^2$ & 0.0074 & 0.4702 & 0.5554 & 0.5554 & 0.4857 \\27\bottomrule28\end{tabular}29\vspace{4pt}30\parbox{\textwidth}{\footnotesize Models (1c)-(1e) include city fixed effects (not shown).}31\parbox{\textwidth}{\footnotesize Robust (HC1) standard errors in parentheses. $^{***}p<0.01$; $^{**}p<0.05$; $^{*}p<0.10$.}32