BETA
Chapter 1
The zoning maze and housing shortage
Chapter 2
Corporate buyers and pricing algorithms
Chapter 3
Federal policies and the suburban shift
Chapter 4
Superstar cities and the remote work boom
YOUR GOAL
Master of Why American rent is high
Ch 4 · Superstar cities and the remote work boom
sloane Platforms like Airbnb incentivize landlords to convert long-term apartments into short-term vacation rentals.
sloane The rise of work-from-home options allowed high-earning workers to move to cheaper cities, raising local rents.
Fun Fact
Boise rent surge: During the remote work boom of 2020 to 2021, rental prices in Boise, Idaho, surged by nearly 40% in a single year.
Glossary
superstar city (noun)
A major metropolitan area characterized by high economic productivity, immense cultural influence, and exceptionally high housing costs. Following the 2020 rise of telecommuting, San Francisco saw its median rent drop by over twenty percent.
A major metropolitan area characterized by high economic productivity, immense cultural influence, and exceptionally high housing costs. Following the 2020 rise of telecommuting, San Francisco saw its median rent drop by over twenty percent.
Quiz
What is a major reason landlords might prefer short-term vacation rentals over long-term tenants?
Quiz
Between 1985 and 2020, by roughly what percentage did median US rent increase when adjusted for inflation?
Quiz
What economic term describes high-earning workers moving to cheaper areas and raising local prices?
Quiz
According to research, how does a 1% increase in Airbnb listings in a zip code affect local rents?
Quiz
How did the post-2020 remote work boom impact rent in mid-sized destination cities like Boise and Austin?