Short-term rentals and the housing market: The effects of Airbnb

Short-term rental (STR) platforms, such as Airbnb, have grown spectacularly in recent years. Since its launch in 2007, Airbnb has grown into a multibillion dollar business, now offering more than 4.5 million listings in over 190 countries worldwide. Airbnb allows individuals to list their spare room or entire apartment for a self-established price to potential guests from all over the…

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Trending topic: Crowdfunding the conservation of nature

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Crowdfunding websites are increasingly being used as a mechanism to fund the provision of public goods. Crowdfunding is the practice of raising capital from many investors to fund a project through an on-line platform. It is a relatively new mechanism, with well-known platforms such as FundRazr, GoFundMe, Kickstarter, and IndieGoGo having been launched only in…

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A new method for measuring vegetation: LiDAR data

Modernization of agricultural land use across Europe is responsible for a substantial decline of linear vegetation elements such as tree lines, hedgerows, riparian vegetation and green lanes. These linear objects have an important function for biodiversity, e.g. as ecological corridors and local habitats for many animal and plant species. Knowledge on their spatial distribution is…

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Managing congestion with tradable permits: The best of both worlds?

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The recent rapid growth in traffic congestion in The Netherlands has revived discussions on how to best deal with this persistent challenge for urban policy makers. It was already back in the 1920’s that the Cambridge economist Arthur Pigou developed what is to date the textbook analysis of the economics of traffic congestion; including a clear…

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The billion pound drop: Did the Blitz enhance London’s economy?

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The Blitz lasted from September 1940 to May 1941, during which the Luftwaffe dropped 18,291 tons of high explosives and countless incendiaries across Greater London. Although these attacks have now largely faded from living memory, our recent paper ”The Billion Pound Drop” shows that the impact of the Blitz remains evident to this day in…

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Ethnic restaurants do increase the attractiveness of cities

Living Apart Together: The economic value of ethnic diversity in cities Why are cosmopolitan cities like New York, London, and Amsterdam attractive residential locations? Apart from the fact that there are many well paid jobs, these attractive residential cities are also rich in amenities. These amenities include good public services, but also an abundant supply…

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It is worthwhile to keep investing in historic buildings

In many countries, vast amounts of public money are invested to preserve historic buildings. In the Netherlands, for example, total public expenditures on renovation subsidies have been more than a billion euros since the 1970s. In Britain, more than 45 thousand buildings are listed, which implies that they are eligible for substantial subsidies, e.g. via…

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