Study claims Airbnb is great for your neighborhood’s economy, if it’s predominantly white

Airbnb guests staying in predominantly white neighborhoods are more likely to shop around at local businesses like restaurants than guests staying in neighborhoods that are mostly black or Hispanic, according to a new study from researchers at Purdue University. People who use the home-renting platform to stay in a big city, like New York, for example, tend to eat at local neighborhood restaurants close to where they're staying. But this effect doesn't hold true when more than half of a neighborhood's residents were black or Hispanic, according to the study's authors. "Airbnb has made repeated claims that it helps the local economy in black neighborhoods" "Airbnb has made repeated claims that it helps the local economy in black... Continue reading… via The Verge - Tech Posts https://ift.tt/2L6AxS0 If New feed item from http://www.theverge.com/tech/rss/index.xml, t