Federal Ministry for Economic Affairs and Energy study finds Airbnb has no significant impact on the housing markets in Germany

A joint study by the Institut der deutschen Wirtschaft Köln e.V. and Dice Consult on behalf of the Federal Ministry for Economic Affairs and Energy presented today, found:

“There is no evidence for a housing shortage of any relevant magnitude at regional or city level caused by the Sharing Economy in the accommodation sector.”

  • The study results indicate that home sharing platforms, and Airbnb in particular, have no significant negative impact on German housing markets
  • Entire listings rented over 182 days a year on Airbnb account for only 0.04 % of the total German housing stock; in Berlin these apartments only represent 0.05 % of the City’s housing stock  
  • According to the commissioned institutes IW and DICE Consult, regulations must be shown to be necessary, be proportionate and based on empirical data

The study lists a number of potential regulatory options, but warns of over-regulation and points out that regulations must be proportionate and based on respective evidence.  This also applies to individual streets or neighbourhoods where according to the study, there might be a need for action. Regulations for the entire city consequently go too far.

“This study shows – like many others before – that Airbnb has no significant impact on the housing market. We agree with the study that regulations must be evidence-based and proportionate and believe they are key for the long-term future of home sharing. This is also why we have put forward proposals in Berlin and Hamburg to help hosts follow the rules and reduce red tape for the cities.”

Tim Klaws, Head of Policy Airbnb Germany, Austria & Switzerland