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LKY CIC Brown Bag Lunchtime Talk:Residential Capitalism and Planning in the Platform Era: the challenges of Airbnb
Global ‘home-sharing’ via online platforms such as Airbnb is one of the many ways in which houses are becoming financialised under residential capitalism. Renting homes or rooms to tourists via global platforms can bring new income for ‘hosts’ and their neighbourhoods, but also significant disruption to local communities and housing supply. Urban planners are at the frontline of these dilemmas, but the very technologies on which they depend – land use regulation and the separation of competing uses – are rendered impotent by platform ‘home-sharing’ where signage and marketing occurs in online rather than actual space. This seminar examines these themes by comparing how Airbnb is penetrating local housing markets and bypassing planning controls in six global cities, proposing implications for planning in the platform era and under residential capitalism. [...]