Submitted by mommy2boy t3_10l3nk4 in RhodeIsland
TzarKazm t1_j64aodn wrote
Reply to comment by cowperthwaite in WHY ARE HOUSES SO EXPENSIVE by mommy2boy
Interesting, thanks for the data and links.
Bristol has 96 official listing so probably has more in reality. It has a population of 22.5k people. Assuming the average AirB&B would house 2.5 people it's about 1% of Bristols housing. I'm not sure that would drop house prices much, but it is a significant amount of housing.
cowperthwaite t1_j64jmyj wrote
I think a better stat is comparing the number of listings to the amount of Bristol's residential units (usually the census)
That being said, when I looked it up on the census quick facts, it just gave me "X," so to find the numbers requires digging a couple layers deeper.
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