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Why Airbnb disruption could hit local rental market

Dining etiquette
 Studio apartment. [iStockphoto]

As the Airbnb wave continues to spread across the country, especially in cities and major towns, the next big question is how this eventually affects the cost of housing.

While Airbnb opened a new frontier in the real estate business when it comes to rental spaces, there is a possibility tenants could end up being deprived of the same spaces.

It has happened in the hotel industry, which is now in direct competition with Airbnb in the business of providing accommodation for those on holiday or in need of a short stay.

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