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	<title>sharing economy - FULL | the Future Urban Legacy Lab</title>
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	<title>sharing economy - FULL | the Future Urban Legacy Lab</title>
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		<title>Airmap</title>
		<link>https://full.polito.it/en/research/airmap/</link>
		
		<dc:creator><![CDATA[Lucio Beltrami]]></dc:creator>
		<pubDate>Fri, 29 May 2026 13:26:42 +0000</pubDate>
				<guid isPermaLink="false">https://full.polito.it/research/airmap/</guid>

					<description><![CDATA[<p>Short-term rental platforms, led by the dominant player Airbnb, have transformed the economy, customs and character of cities. The dynamics are turbulent and not always transparent, and it is fair to ask, among other things: who really runs Airbnb in the city? To help answer this and other questions, the Airmap project provides data on [&#8230;]</p>
<p>The post <a href="https://full.polito.it/en/research/airmap/">Airmap</a> appeared first on <a href="https://full.polito.it/en/">FULL | the Future Urban Legacy Lab</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph">Short-term rental platforms, led by the dominant player Airbnb, have transformed the economy, customs and character of cities. The dynamics are turbulent and not always transparent, and it is fair to ask, among other things: <strong>who really runs Airbnb in the city?</strong> To help answer this and other questions, the Airmap project provides data on the use of Airbnb in major Italian cities.</p>

<p class="wp-block-paragraph">AirMAP was developed in response to the <strong>need to fill a gap in the information</strong> available regarding the expansion and historical evolution of short-term rentals facilitated by Airbnb in Italy. Institutional databases are often fragmented or incomplete, making it difficult for public decision-makers to assess the true scale of the phenomenon. The project aims to overcome these limitations by utilising datasets from AirDNA.<br/><br/> </p>

<p class="wp-block-paragraph">The FULL research centre has developed a bespoke database covering sixteen urban contexts, with the aim of producing a <strong>systematic and comparative mapping</strong> of the phenomenon, and has engaged and coordinated research teams from leading Italian universities, each dedicated to a specific city. For the first time, a range of diverse urban settings are being analysed using the same methodological approach, enabling a scientific comparison between different contexts. A report covering the whole of Italy has been produced, along with one for each of the following cities:<br/><br/> </p>

<ul class="wp-block-list">
<li>Northern Italy: Bergamo, Genoa, Milan, Padua, Turin, Trieste, Venice.</li>



<li>Central Italy: Bologna, Florence, Rome.</li>



<li>Southern Italy and the Islands: Bari, Cagliari, Catania, Naples, Palermo, Reggio Calabria.</li>
</ul>

<p class="wp-block-paragraph">The analysis is structured across three geographical levels, derived from the relevant Local Labour Market System (Sistema Locale del Lavoro &#8211; SLL): the metropolitan capital (CM), the other municipalities within the SLL (OM), and the entire SLL as a single aggregate. The reports combine aggregated annual data (<strong>2017–2024</strong>) and monthly data for the most recent year (2024), including supply and demand indicators such as nights booked, beds, active units, average nightly rate, occupancy rate and revenue per unit and per host. The analysis also includes the spatial classification of listings in OM municipalities and CM cities.<br/><br/> </p>

<p class="wp-block-paragraph">A specific section is devoted to the <strong>professionalisation of the accommodation offering</strong>, through the classification of hosts into three categories: small hosts (1–2 properties managed), medium hosts (3–10 properties) and large hosts (10 or more properties). Finally, each report includes a thematic appendix compiled by the local research group, aimed at interpreting specific local dynamics.</p>

<h4 class="wp-block-heading">Research groups involved:</h4>

<ul class="wp-block-list">
<li>BARI – Mariella Annese, Fabrizio Di Alessandro, Gianfranco Viesti (Politecnico Bari)</li>



<li>BOLOGNA – Alessandro Bozzetti, Silvia Bartolucci (UniBologna)</li>



<li>CAGLIARI – Abir Benfradj, Michele Campagna, Laura Tolu (UniCagliari)</li>



<li>CATANIA – Eliana Fischer, Teresa Graziano, Laura Saija (UniCatania)</li>



<li>FLORENCE – Marco Bellandi, Alice Calamandrei, Giulia Chiara Ceresa, Valentina D’Ippolito, Federico Martellozzo, Camilla Perrone, Massimo Tofanelli (UniFirenze)</li>



<li>GENOA – Lorenzo Barbanera, Emanuele Cinti, Igor Costarelli, Niccolò Morelli, Francesca Zagagni (UniGenova)</li>



<li>MILAN – Silvia Mugnano, Valeria Marina Borodi, Riccardo Ramello (University of Milano-Bicocca)</li>



<li>NAPLES – Gaia del Giudice, Cristina Mattiucci (UniNapoli – Federico II), Cecilia Pasquinelli (UniNapoli Parthenope)</li>



<li>PADUA – Francesco Mauro, Lorenza Perini, Michelangelo Savino (UniPadova)</li>



<li>PALERMO – Chiara Giubilaro, Marco Picone (UniPalermo)</li>



<li>REGGIO CALABRIA – Benedetta Chiaro, Angelo Chiaro, Gabriella Pultrone (UniReggio Calabria)</li>



<li>ROME – Antonia Astore, Carlo Cellammare (UniRoma – Sapienza), Luca Tricarico (CNR)</li>



<li>TRIESTE – Elena Marchigiani, Valentina Novak, Andrea Peraz (UniTrieste)</li>



<li>VENICE – Matteo Basso, Gianfranco Pozzer (IUAV), Giacomo-Maria Salerno (UniSiena)</li>
</ul>

<hr class="wp-block-separator has-alpha-channel-opacity is-style-dots"/>

<p class="wp-block-paragraph"><strong>The project was presented at a <a href="https://full.polito.it/en/events/airbnb-in-italian-cities-the-figures-regulation-and-challenges/">conference</a> in Turin on 22 May 2026, and the reports are available <a href="https://full.polito.it/en/airmap/">in the RESOURCES section</a> of the website.</strong></p>
<p>The post <a href="https://full.polito.it/en/research/airmap/">Airmap</a> appeared first on <a href="https://full.polito.it/en/">FULL | the Future Urban Legacy Lab</a>.</p>
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			</item>
		<item>
		<title>Who runs Airbnb in Turin (and surroundings)?</title>
		<link>https://full.polito.it/en/reader/who-runs-airbnb-in-turin-and-surroundings/</link>
		
		<dc:creator><![CDATA[Lucio Beltrami]]></dc:creator>
		<pubDate>Wed, 10 Sep 2025 10:48:09 +0000</pubDate>
				<guid isPermaLink="false">https://full.polito.it/?post_type=reader&#038;p=7620</guid>

					<description><![CDATA[<p>With almost 10,000 active listings in 2024, Turin is the sixth Italian city in terms of Airbnb platform penetration, marking a +50% increase in 7 years and confirming its growth in the tourism sector. After publishing its report on the trend in short-term rentals between 2017 and 2024 at national level, the Future Urban Legacy [&#8230;]</p>
<p>The post <a href="https://full.polito.it/en/reader/who-runs-airbnb-in-turin-and-surroundings/">Who runs Airbnb in Turin (and surroundings)?</a> appeared first on <a href="https://full.polito.it/en/">FULL | the Future Urban Legacy Lab</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph">With almost 10,000 active listings in 2024, Turin is the sixth Italian city in terms of Airbnb platform penetration, marking a +50% increase in 7 years and confirming its growth in the tourism sector. After publishing its report on the trend in short-term rentals between 2017 and 2024 at national level, the Future Urban Legacy Lab analysed the situation in the Piedmontese capital in detail.<br/><br/> </p>

<p class="wp-block-paragraph">The short-term tourist rental market in Turin grew rapidly between 2017 and 2024: +125% in terms of nights booked, +127% in terms of revenue per listing, +240% in terms of total economic value generated through the platform’s total revenue, which exceeded €68 million in 2024. Despite these increases, the Turin market for short-term tourist rentals does not reach the levels of other areas of Italy: for example, in Italy, the average revenue per unit rented through Airbnb in 2024 was €11,700, while in Turin it stood at €7,000.<br/><br/> </p>

<p class="wp-block-paragraph">On the supply side, there were over 6,000 hosts (i.e. managers of properties rented through Airbnb) active in the Piedmontese capital in 2024. 87% of them were “small hosts”, managing a maximum of two properties. However, the most significant growth was seen among so-called “large hosts”, i.e. those managing more than 10 units: although they accounted for only 2% of the total, in 2024 they controlled 18% of the entire city market, a share that has more than doubled since 2017 (+230%). The percentage growth of units managed by large hosts in Turin is more pronounced than the national figure, which stands at 136%. From this point of view, the Turin market seems to be “lagging behind” the trends seen across Italy (in our country, large hosts accounted for 25% of total units in 2024); However, it is also worth noting that in the Piedmontese capital, the growth of “large hosts” was particularly high during the period in question, exceeding that of cities with a more “mature” tourist market, such as Rome or Venice. In Turin, however, the average size of these businesses is smaller than the national average (15 units per host compared to 42). As in the rest of Italy, accommodation managed by large hosts generates higher revenues: on average €10,500 per year per unit, compared to €5,500 for small hosts.<br/><br/> </p>

<p class="wp-block-paragraph">The city’s geography of listings shows significant imbalances: six out of 23 districts (Centro, San Salvario, Aurora, San Donato, Crocetta and Vanchiglia) account for 58% of the supply. The Centro district alone accounts for a quarter of the listings and also has the highest revenues (€11,300 per year). The suburbs – Falchera, Mirafiori, Regio Parco – are the least profitable areas.<br/><br/> </p>

<p class="wp-block-paragraph">It is worth noting that the phenomenon does not stop at the municipal boundaries. Analysis conducted at the metropolitan level shows a growing spread to municipalities in the hinterland and Alpine valleys. A case in point is Ala di Stura, a small mountain municipality where listings have tripled and beds have quadrupled in seven years.<br/><br/> </p>

<p class="wp-block-paragraph">These data raise questions about the transformations underway in the urban and social fabric of the city and its territory: who benefits from Airbnb in Turin? And what measures can be taken to avoid imbalances?</p>
<p>The post <a href="https://full.polito.it/en/reader/who-runs-airbnb-in-turin-and-surroundings/">Who runs Airbnb in Turin (and surroundings)?</a> appeared first on <a href="https://full.polito.it/en/">FULL | the Future Urban Legacy Lab</a>.</p>
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			</item>
		<item>
		<title>Who really runs the AirBnB market?</title>
		<link>https://full.polito.it/en/reader/who-really-runs-the-airbnb-market/</link>
		
		<dc:creator><![CDATA[Lucio Beltrami]]></dc:creator>
		<pubDate>Sat, 05 Apr 2025 06:00:00 +0000</pubDate>
				<guid isPermaLink="false">https://full.polito.it/reader/who-really-runs-the-airbnb-market/</guid>

					<description><![CDATA[<p>As is well known, Airbnb is an online platform for temporary rental that acts as an intermediary between host (the person hosting) and guest (the person being hosted). The host can be the owner of the property or a third party who manages the accommodation unit (e.g. a real estate agency or entrepreneur).&#13; In Italy, [&#8230;]</p>
<p>The post <a href="https://full.polito.it/en/reader/who-really-runs-the-airbnb-market/">Who really runs the AirBnB market?</a> appeared first on <a href="https://full.polito.it/en/">FULL | the Future Urban Legacy Lab</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph">As is well known, Airbnb is an online platform for temporary rental that acts as an intermediary between host (the person hosting) and guest (the person being hosted). The host can be the owner of the property or a third party who manages the accommodation unit (e.g. a real estate agency or entrepreneur).&#13;
</p>

<p class="wp-block-paragraph">In Italy, short-term renting through Airbnb has profoundly influenced not only the tourist offer sector but also, more generally, the residential, social and commercial landscape of many territories, thus becoming the subject of heated public, political and academic debate. Against this backdrop, it seems useful to provide up-to-date data that allow us to understand the phenomenon at different territorial scales as a basis for robust academic reflection, informed public discourse and effective public policies.<br/><br/> </p>

<p class="wp-block-paragraph">In this report, we propose a nationwide analysis of the ‘Airbnb phenomenon’, taking into consideration the period 2017-2024. The data used are extracted from the AirDNA databases, a global provider of data on short-term rentals. After presenting an overview of demand, supply and performance, the report provides an in-depth look at the different types of hosts (managers of accommodation units) active in Italy.</p>

<p class="wp-block-paragraph">An unequivocal picture emerges: impetuous growth in both the number of lodgings available on the platform (+52%) and their profitability (+124%, or 11,700 euros per lodging in 2024). At the same time, the weight of players professionally managing a substantial number of lodgings (in the order of several dozen) is growing: +77%, so that they now hold almost 30% of the available beds. Data available to anyone wishing to reflect on the state of the sector and attempts to regulate it.</p>
<p>The post <a href="https://full.polito.it/en/reader/who-really-runs-the-airbnb-market/">Who really runs the AirBnB market?</a> appeared first on <a href="https://full.polito.it/en/">FULL | the Future Urban Legacy Lab</a>.</p>
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		<item>
		<title>Interview by Rai News 24 on the AirBnB Italy report</title>
		<link>https://full.polito.it/en/talkmedia/francesco-chiodelli-interviewed-by-rai-news-24-on-the-airbnb-italy-report/</link>
		
		<dc:creator><![CDATA[Lucio Beltrami]]></dc:creator>
		<pubDate>Tue, 01 Apr 2025 13:38:33 +0000</pubDate>
				<guid isPermaLink="false">https://full.polito.it/talkmedia/francesco-chiodelli-interviewed-by-rai-news-24-on-the-airbnb-italy-report/</guid>

					<description><![CDATA[<p>FULL publishes a report on the trend of short-term rentals in Italy from 2017 to 2024: a very hot topic on which we offer the availability of reliable and detailed data. As is well known, Airbnb is an online platform for temporary rentals that plays an intermediary role between host (those who host) and guest (those who [&#8230;]</p>
<p>The post <a href="https://full.polito.it/en/talkmedia/francesco-chiodelli-interviewed-by-rai-news-24-on-the-airbnb-italy-report/">Interview by Rai News 24 on the AirBnB Italy report</a> appeared first on <a href="https://full.polito.it/en/">FULL | the Future Urban Legacy Lab</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph">FULL publishes a <a href="https://full.polito.it/en/reader/who-really-runs-the-airbnb-market/"><strong>report </strong></a>on the trend of short-term rentals in Italy from 2017 to 2024: a very hot topic on which we offer the availability of reliable and detailed data.</p>

<p class="wp-block-paragraph">As is well known, Airbnb is an online platform for temporary rentals that plays an intermediary role between host (those who host) and guest (those who are hosted). In Italy, short-term rental through Airbnb has profoundly influenced not only the tourist offer sector but also, more generally, the residential, social and commercial landscape of many territories, thus becoming the subject of heated public, political and academic debate. Against this backdrop, it seems useful to provide up-to-date data that allow us to understand the phenomenon at different territorial scales as a basis for robust academic reflection, informed public discourse and effective public policies. In this report, we propose a nationwide analysis of the ‘Airbnb phenomenon’, taking into consideration the period 2017-2024. After presenting an overview of demand, supply and performance, the report provides an in-depth look at the different types of hosts (unit managers) active in Italy.&#13;
&#13;
</p>

<p class="wp-block-paragraph">Francesco Chiodelli (DIST) gives an interview to Rai News 24 on the report made available on the FULL website.&#13;
&#13;
</p>

<p class="wp-block-paragraph"></p>

<p class="wp-block-paragraph"></p>

<p class="wp-block-paragraph"></p>
<p>The post <a href="https://full.polito.it/en/talkmedia/francesco-chiodelli-interviewed-by-rai-news-24-on-the-airbnb-italy-report/">Interview by Rai News 24 on the AirBnB Italy report</a> appeared first on <a href="https://full.polito.it/en/">FULL | the Future Urban Legacy Lab</a>.</p>
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			</item>
		<item>
		<title>Sky TG 24 in the offices of FULL to report on the &#8220;AirBnB in Italy&#8221; research study</title>
		<link>https://full.polito.it/en/talkmedia/sky-tg-24-in-the-offices-of-full-to-report-on-the-airbnb-in-italy-research-study/</link>
		
		<dc:creator><![CDATA[Lucio Beltrami]]></dc:creator>
		<pubDate>Wed, 26 Mar 2025 14:39:00 +0000</pubDate>
				<guid isPermaLink="false">https://full.polito.it/talkmedia/sky-tg-24-in-the-offices-of-full-to-report-on-the-airbnb-in-italy-research-study/</guid>

					<description><![CDATA[<p>&#13; &#13; &#13; FULL publishes a report on the trend of short-term rentals in Italy from 2017 to 2024: a very hot topic on which we offer the availability of reliable and detailed data. SKY TG 24 interviewed Francesco Chiodelli (DIST) inside our offices to talk about the report, which is available on the FULL website.&#13; &#13;</p>
<p>The post <a href="https://full.polito.it/en/talkmedia/sky-tg-24-in-the-offices-of-full-to-report-on-the-airbnb-in-italy-research-study/">Sky TG 24 in the offices of FULL to report on the &#8220;AirBnB in Italy&#8221; research study</a> appeared first on <a href="https://full.polito.it/en/">FULL | the Future Urban Legacy Lab</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><div class="col-12 col-lg-5">&#13;
<div class="text-16 text-serif mt2">&#13;
&#13;
<em>FULL publishes a <strong><a href="https://full.polito.it/en/reader/who-really-runs-the-airbnb-market/">report </a></strong>on the trend of short-term rentals in Italy from 2017 to 2024: a very hot topic on which we offer the availability of reliable and detailed data. SKY TG 24 interviewed Francesco Chiodelli (DIST) inside our offices to talk about the report, which is available on the FULL website.</em>&#13;
&#13;
</div><br/></div><br/><div class="col-12 col-lg-3"></div></p>

<p class="wp-block-paragraph"></p>

<p class="wp-block-paragraph"></p>
<p>The post <a href="https://full.polito.it/en/talkmedia/sky-tg-24-in-the-offices-of-full-to-report-on-the-airbnb-in-italy-research-study/">Sky TG 24 in the offices of FULL to report on the &#8220;AirBnB in Italy&#8221; research study</a> appeared first on <a href="https://full.polito.it/en/">FULL | the Future Urban Legacy Lab</a>.</p>
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		<title>The Pricing of European Airbnb Listings according to Demand Variations</title>
		<link>https://full.polito.it/en/reader/the-pricing-of-european-airbnb-listings-according-to-demand-variations/</link>
		
		<dc:creator><![CDATA[Namitha Manappurath]]></dc:creator>
		<pubDate>Thu, 07 Jul 2022 09:19:01 +0000</pubDate>
				<guid isPermaLink="false">https://full.polito.it/reader/the-pricing-of-european-airbnb-listings-according-to-demand-variations/</guid>

					<description><![CDATA[<p>Abstract The COVID-19 pandemic is a major exogenous shock impacting the global tourism industry over the last two years. Given its peculiarity, this paper analyzes one of the most intriguing questions in the Airbnb literature – the pricing of Airbnb listings – while taking advantage of a difference-in-differences methodology, which largely draws on differences in [&#8230;]</p>
<p>The post <a href="https://full.polito.it/en/reader/the-pricing-of-european-airbnb-listings-according-to-demand-variations/">The Pricing of European Airbnb Listings according to Demand Variations</a> appeared first on <a href="https://full.polito.it/en/">FULL | the Future Urban Legacy Lab</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<h2 class="wp-block-heading">Abstract</h2>

<p class="wp-block-paragraph">The COVID-19 pandemic is a major exogenous shock impacting the global tourism industry over the last two years. Given its peculiarity, this paper analyzes one of the most intriguing questions in the Airbnb literature – the pricing of Airbnb listings – while taking advantage of a difference-in-differences methodology, which largely draws on differences in country-level response policies to the pandemic. Relying on a dataset containing weekly information from 130,999 continuously active listings across 27 European countries from 2019 to 2020, this paper firstly investigates the exogenous impact of response policies (proxied by the COVID-19 Stringency Index) on demand and, secondly, accounting for the endogeneity of demand for prices, analyzes pricing responses to demand variations. Results show that: i) increases in the COVID-19 Stringency Index cause significant declines of Airbnb demand; ii) increases in demand cause, on average, increases in Airbnb prices; and iii) the pricing strategy differs between commercial and private hosts.&#13;
&#13;
</p>

<p class="wp-block-paragraph"></p>
<p>The post <a href="https://full.polito.it/en/reader/the-pricing-of-european-airbnb-listings-according-to-demand-variations/">The Pricing of European Airbnb Listings according to Demand Variations</a> appeared first on <a href="https://full.polito.it/en/">FULL | the Future Urban Legacy Lab</a>.</p>
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		<item>
		<title>The Host Canceled My Reservation!</title>
		<link>https://full.polito.it/en/reader/the-host-canceled-my-reservation/</link>
		
		<dc:creator><![CDATA[Lucio Beltrami]]></dc:creator>
		<pubDate>Tue, 10 May 2022 08:47:00 +0000</pubDate>
				<guid isPermaLink="false">https://full.polito.it/reader/the-host-canceled-my-reservation/</guid>

					<description><![CDATA[<p>The business of hosts in peer-to-peer (P2P) accommodation sharing has become an important source of revenue for individuals in many economies. However, there is a dearth of studies on hosts, specifically on the factors that affect host performance (i.e., occupancy rates). Drawing on the signaling theory and the source credibility theory and using a dataset [&#8230;]</p>
<p>The post <a href="https://full.polito.it/en/reader/the-host-canceled-my-reservation/">The Host Canceled My Reservation!</a> appeared first on <a href="https://full.polito.it/en/">FULL | the Future Urban Legacy Lab</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph">The business of hosts in peer-to-peer (P2P) accommodation sharing has become an important source of revenue for individuals in many economies. However, there is a dearth of studies on hosts, specifically on the factors that affect host performance (i.e., occupancy rates). Drawing on the signaling theory and the source credibility theory and using a dataset of 41 610 reviews of 7004 Airbnb listings, we investigated the impact of cancelation rate – that conspicuously signals how many times a host has canceled a pre-existing reservation – on the host occupancy rate.&#13;
&#13;
</p>

<p class="wp-block-paragraph">Furthermore, we investigate the role of source credibility signals in reducing the impact of host cancelations. The results show that host signals of reputation, responsiveness, and expertise minimize the negative effect of cancelations on the occupancy rate. Theoretically, we advance the academic literature on credibility signals in P2P platforms and their moderating role on host performance. Managerially, the study helps P2P hosts in understanding the role of signals on occupancy rate.&#13;
&#13;
</p>

<p class="wp-block-paragraph"></p>
<p>The post <a href="https://full.polito.it/en/reader/the-host-canceled-my-reservation/">The Host Canceled My Reservation!</a> appeared first on <a href="https://full.polito.it/en/">FULL | the Future Urban Legacy Lab</a>.</p>
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		<title>Poseur Real Estate</title>
		<link>https://full.polito.it/en/reader/poseur-real-estate/</link>
		
		<dc:creator><![CDATA[Namitha Manappurath]]></dc:creator>
		<pubDate>Wed, 17 Mar 2021 09:19:26 +0000</pubDate>
				<guid isPermaLink="false">https://full.polito.it/reader/poseur-real-estate/</guid>

					<description><![CDATA[<p>Housing commodification is one of the contemporary phenomena inscribed in the deregulated, financialized, and globalized housing system. Today’s hyper-commodification refers to housing as an instrument of financial accumulation, enhancing the divide from its residential function. A relatively new business active within the rental housing market is the so-called home staging. Comparable with an interior design [&#8230;]</p>
<p>The post <a href="https://full.polito.it/en/reader/poseur-real-estate/">Poseur Real Estate</a> appeared first on <a href="https://full.polito.it/en/">FULL | the Future Urban Legacy Lab</a>.</p>
]]></description>
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<p class="wp-block-paragraph">Housing commodification is one of the contemporary phenomena inscribed in the deregulated, financialized, and globalized housing system. Today’s hyper-commodification refers to housing as an instrument of financial accumulation, enhancing the divide from its residential function.</p>

<p class="wp-block-paragraph">A relatively new business active within the rental housing market is the so-called home staging. Comparable with an interior design service, home staging means literally to set-up the domestic environment. It gathers a set of professional and non-professional actors involved in the re-furnishing and re-adaptation of the shelter for commercial purposes, enhancing new aesthetic standards. Indeed, this new model is applied and then showcased in the short-term rental market. More than others, Airbnb developed a strict aesthetic-commercial model, a combination of Scandinavian minimal wooden furniture in a white-box-like dwelling that can be summarized in the Danish word hyggelig. </p>

<p class="wp-block-paragraph">The digital revolution triggered a crucial paradigm shift in terms of actors involved, practices, production of values, and transfer. The digital space is the new space of capital fluctuation, and thus, it is a critical matter when it collides with staple goods such as housing.</p>

<p class="wp-block-paragraph">How does the tech-mediated market enact a progressive dissolution of the private domestic space into a staged commodity?</p>

<p class="wp-block-paragraph">These new tactics adopted from the market highlight the shift in contemporary real estate operators’ rhetoric from the concept of housing to the one of living. In this context, the experiential (staged) features of a domestic scene overcome the typical real estate triad of location, location, and location in housing promotion.Drawing on a taxonomy of contemporary experiences, the paper will investigate the mutated concept of standard. Once linked to representativeness and now projected towards representation, the new standard set by home staging allows landlords to maximize value extraction from the short rental market, marginalizing further the real economy of dwellings within the city.</p>

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“I think that idea of commodifying your environment or turning everything into a purchasable object, that seems likely to happen”<span style="font-size: 13.3333px;">1</span>&#13;
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<p class="wp-block-paragraph">Mark is a property manager based in Copenhagen. He entered the business of home-sharing after a shocking and revealing episode. During his first experience as an Airbnb host, Mark realized that his guests used his clothes and the ones of his wife to share videos on social media under the hashtag #weirdsex. Horrified, he installed spy cameras in his house to control his guests during their stays. After a while, he figured out that more and more guests were using his home to <em>act </em>and <em>perform </em>as characters –literally– in the shoes of someone else. Mark reacted drastically. He deleted his real identity from all social media, quit his job, and created several fake host profiles to rent on housing platforms houses sublet by a real estate agency. He bought on a specific website photographic sets of daily life portraits made by professional actors. Then, he set the house as it if was inhabited by the characters portrayed in the pictures –the fake hosts. In an interview released to Beka &amp; Lemoine in their documentary <em>Selling Dreams</em>, Mark stated that he was fulfilling a precise market demand: <em>“They wanted to have another life, another story, to be other characters for few days. […] It’s not fake, it’s true if you believe in it.”<sup>2</sup></em></p>

<h4 class="wp-block-heading"><h3 class="text-14 font-weight-normal m-0">Notes</h3></h4>

<h5 class="wp-block-heading">1.Bava A., Branzi A., Yu R., Harvey A. T., (2014) “Everything that is solid melts into Airbnb”, Panel, Aribnb Pavillon, <a href="https://www.swissinstitute.net/event/panel-everything-that-is-solid-melts-into-airbnb-with-alessandro-bava-andrea-branzi-rachael-yu-and-aaron-taylor-harvey-of-airbnb-hosted-by-airbnb-pavilion-fabrizio-ballabio-alessandro-bava-luis/">https://www.swissinstitute.net/event/panel-everything-that-is-solid-melts-into-airbnb-with-alessandro-bava-andrea-branzi-rachael-yu-and-aaron-taylor-harvey-of-airbnb-hosted-by-airbnb-pavilion-fabrizio-ballabio-alessandro-bava-luis/</a> [1/06/2020]</h5>

<h5 class="wp-block-heading">2.Beka, I., &amp; Lemoine, L. (2016). <em>Selling Dreams</em> [Documentary]. Beka&amp;Lemoine. <a href="https://vimeo.com/ondemand/sellingdreams/189505421">https://vimeo.com/ondemand/sellingdreams/189505421</a> [1/06/2020]</h5>

<p class="wp-block-paragraph">In 1967 Guy Debord wrote The Society of Spectacle, referring to the dominance of the culture of images as a developing form of the concept of alienation, structuring a Marxist critique to the life-pervasive commodification. During the last century, the power of images strengthened at the point to become nowadays the channel in which profit chains can express and reproduce themselves.</p>

<p class="wp-block-paragraph">The role of images and the production of imaginaries are at the base of the advertisement and consumption process. The rapid rise of new economies, mostly acting in the digital space, allowed a fast and capillary spreading of the culture of image and, consequently, a pervasive process of commodification. In this article, we discuss the role of images as a commodifying tool lead by digital platforms in the housing market. Questioning, how does the tech-mediated market enact a progressive dissolution of the private domestic space into a staged commodity.</p>

<p class="wp-block-paragraph">Residential property constitutes the first asset class globally in terms of value, representing 60% of the worlds’ wealth, including stocks, bonds, and gold<sup>3</sup>. This condition resulted from a half a century process, where the real estate market mutually fed itself with the neoliberal state ethos of the property-owning democracy, leading to what Samuel Stein defines the <em>Real Estate State<sup>4</sup></em>.</p>

<p class="wp-block-paragraph">In this context, the residential function of housing is subject to its value as an asset. Nevertheless, this dual and contradictory condition is embedded in any commodity since Marx stated the coincidence of the use-value and exchange value of the commodity<sup>5</sup>.</p>

<p class="wp-block-paragraph">Therefore, trading of housing as a commodity is nothing new, while referring to the commodification of housing refers to the progressive growth of a large part of housing production and consumption aimed only at speculation, not even contemplating inhabitation. As Hellinikon, the massive development project in Athens, where the developers on a total of 260 hectares of development, provided not even a square meter of social housing<sup>6</sup>.</p>

<p class="wp-block-paragraph">The effects of hyper-commodification<sup>7</sup> are palpable in major western cities as New York or London, where the scale of investments is such that the housing prices might be unaffordable for the majority of the urban population<sup>8</sup>. Hyper-commodification of housing unfolds in terms of social exclusion and depopulation. Plus, commodification penetrates the multi-layered urban fabric beyond the real estate market. As noted by Forrest and Williams already in the 1980s, <em>“in understanding the full implications of this commodification process, we must begin to comprehend the way these changes penetrate into the very fabric of daily life”<sup>9</sup></em>. A similar argument is carried out by Randy Martin in his book of 2002 <em>Financialization of Daily Life, </em>in which he highlights how the contemporary economic structure of self-entrepreneurship could modify the financial borders widely, letting them flood into the private sphere.</p>

<p class="wp-block-paragraph">Such dynamics are recognizable –among others– in the sharing economy’s mechanism, in which companies make profits by financializing everyday life activities or jobs formerly protected by corporations. UberEats monetized cycling, carpooling apps as CarToGo converted motorists in taxi drivers, and TaskRabbit can now sell housekeeping services without any professional or insurance coverage. This marketplace also includes the domestic sphere, as companies of furniture design, property management, and renting complete the full spectrum of commodified aspects of domestic daily life.</p>

<h5 class="wp-block-heading">3.The real estate market is worth about 217 trillion of US dollars, almost “60 percent of the value of all global assets, with residential real estate comprising 75 percent of the total”. Farha (2018)</h5>

<h5 class="wp-block-heading"><strong>4.Stein, 2019.</strong></h5>

<h5 class="wp-block-heading">5.As David Harvey critically analyzed (2018)</h5>

<h5 class="wp-block-heading"><strong>6.<a href="https://thehellinikon.com/the-vision/">https://thehellinikon.com/the-vision/</a>. [15/05/2020].</strong></h5>

<h5 class="wp-block-heading"><strong>7.Madden and Marcuse, 2016.</strong></h5>

<h5 class="wp-block-heading">8.For New York see Stein 2019. For London see Minton 2017.</h5>

<h5 class="wp-block-heading"><strong>9.Forrest and Williams 1984: 1178.</strong></h5>

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“How to prepare your home for sale…so it sells!”<sup>10</sup>&#13;
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<p class="wp-block-paragraph">Airbnb –the major short-term rental platform currently available– has revolutionized the hospitality and housing market since its inception in 2009. As for all the Silicon Valley tech companies, the funding and evaluation system of venture capital defines Airbnb’s performance. Nevertheless, disregarding the downturns of the market, what Airbnb introduced was a concept enabling potentially the global commodification of any single housing unit around the world –including tree houses and boats.</p>

<p class="wp-block-paragraph">It is important to note that in its early days Airbnb was not even conceived as a service for payment, following the example of websites like Craigslist or Couchsurfing, which based their profits on indirect revenue from advertisements and external funding. This highlights how the platform economy is even less attached to the value generated from the use of its products instead of the mass of data that it generates. This reading shared by Nick Srnicek in his book <em>Platform Capitalism,<sup>11</sup></em>defines a taxonomy of the different typologies of platforms currently existing. Airbnb falls in the “lean platform” category, as it generates revenue from housing rents without actually owning none of its listings.</p>

<p class="wp-block-paragraph">The other disruptive innovation introduced by Airbnb is one of the key elements behind the success of most platforms: reputation<sup>12</sup>. Every Airbnb host and guest must submit a detailed review, which automatically positions each listing within a specific market. In line with Srnicek’s analysis, the real asset produced by platforms is data. Reputation is in fact built on a critical mass of product-related data: the number of reviews (and visits), the quality of the service and its amenities. The greater the amount of data and the better the reputation, the higher the price will be. A crucial aspect of this phenomenon is that a significant portion of the data used by Airbnb to sell its product consists of photographs of the listings. Unlike the traditional hotel sector, which has codified systems for defining standards — think of the hotel star rating system —, Airbnb relies significantly on the effectiveness of its photographic apparatus<sup>13</sup>.<br/><br/></p>

<p class="wp-block-paragraph">This fact complexifies the comparative evaluation of two “equivalent” market products greatly, bypassing most of the traditional mantra of real estate: location, location, location.</p>

<p class="wp-block-paragraph">On the other hand, this element of complexity justifies the massive initial effort of the company to provide free photo shootings to hosts<sup>14</sup>, since once collected the interior photos of the listings were not only showing a determined quality, but they sold a “genuine” product. If we take the sales and promotion process of ordinary real estate, we will find a sheer amount of interior renderings realized by professional CGI companies to enable the developer to sell upfront its buildings before completion. These interiors are usually populated by high-end furniture design objects that are present in 3d model libraries of the major digital companies of the industry, which means that these objects are most of the time placeholder objects. In the case of Airbnb, the “reality” of images and their truthfulness is coupled with the quality of the pictures itself and the photo set in general. Differently from the mere descriptive aim of traditional real estate, an Airbnb photo set can include a still life of pottery on a table, a macro of some flowers in the garden, stock images of the neighborhood, or landmarks of the surroundings.</p>

<p class="wp-block-paragraph">Such practices of value extraction led to the creation of a parallel universe of new professionals and services. Within the users of Airbnb, many are the companies or society that manage a large number of properties offering a range of services addressed to the reservation and the guest stay. From the more practical automated check-in check-out, luggage storage, and transfer from airport to the leisured experiences, and catering services. Many are also the services offered to hosts as the complete management of the properties at all stages, from the online management to the cleaning services, professional photographs, and consultancy. Some of these companies, indeed, propose an advisory service for the housing renewal in order to increase the market appeal, from the website of Dimorra Hospitality, a Napolitan property manager society, <em>“we turn your normal home into a safe source of income.”<sup>15</sup></em></p>

<p class="wp-block-paragraph">This practice is called home staging, and it is used to carry out projects of modernization or renovation of housing units in order to have higher profits both in the sale or rental. From its denomination, it is evident the willingness to set up a stage for commercial purposes. The practice of home staging is not just house renewal, but more emulation of new aesthetic standards and formal rules conformed to the taste of the global market.</p>

<p class="wp-block-paragraph">According to an Italian association of home stagers (APHSI), with a home staging renewal, the selling times decrease to about 2/3, and the selling price has a reduction of just 4% compared with the 14% of the traditional selling. The costs of this service, still according to APHSI, is around 1000 euro for an 80 square meters apartment with minor interventions (painting, tidying, photoshoot, and advertisement)<sup>16</sup>. The costs grow with significant adjustments, like renovation works and furniture purchasing.</p>

<p class="wp-block-paragraph">Home staging first appeared in the United States during the 1970s, intending to reduce sales times and avoid future discounts on the final price. This practice, even at the time, was nothing new than a small renovation, but the way in which it was promoted and structured, marked another notch in the ecology of housing commodification, reproducing and simplifying existing practices.</p>

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In the beginning, home staging was mostly applied in North American middle-class family houses and was a kind of tutorial of how to present and settle the houses to possible buyers, without any structural changes. The real estate agent Barb Schwarz, the first home stager according to her<sup>17</sup>, in her 80ish promotional video <em>How to prepare your home for sale…so it sells!</em> describes how to settle the house for the buyers, because <em>“the way you live in a home and the way you sell a home are two different things.”<sup>18</sup></em>&#13;
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<h5 class="wp-block-heading"><strong>10.<a href="https://www.youtube.com/watch?v=XVf6_rHnE2E">https://www.youtube.com/watch?v=XVf6_rHnE2E</a> [1/06/2020]</strong></h5>

<h5 class="wp-block-heading"><strong>11.Srnicek, 2017</strong></h5>

<h5 class="wp-block-heading"><strong>12.<a href="https://www.wired.co.uk/article/welcome-to-the-new-reputation-economy">https://www.wired.co.uk/article/welcome-to-the-new-reputation-economy</a>. [15/05/2020]</strong></h5>

<h5 class="wp-block-heading">13.Further reputational systems introduced by the company are represented by the SuperHost awarding system, and by the verified prime locations for which the company reserved in 2018 the Airbnb Plus section.</h5>

<h5 class="wp-block-heading"><strong>14.Gallagher 2018</strong></h5>

<h5 class="wp-block-heading"><strong>15.<a href="https://www.dimorra.it/">https://www.dimorra.it</a>. [15/05/2020]</strong></h5>

<h5 class="wp-block-heading"><strong>16.https://www.ilsole24ore.com/art/home-staging-cosi-casa-si&#8211;vende-piu-fretta-e-senza-sconti-AEKdp5eF%20[1/06/2020]</strong></h5>

<h5 class="wp-block-heading">17.Barbara Schwarz holds around a dozen of trademarks related to home staging including The Creator of Home Staging®</h5>

<h5 class="wp-block-heading"><strong>18.<a href="https://www.youtube.com/watch?v=XVf6_rHnE2E">https://www.youtube.com/watch?v=XVf6_rHnE2E</a> [1/06/2020]</strong></h5>

<figure class="wp-block-image size-large"><img fetchpriority="high" decoding="async" width="1024" height="394" src="https://full.polito.it/wp-content/uploads/2021/03/Fig1-1-1024x394.jpg" alt="" class="wp-image-1733" srcset="https://full.polito.it/wp-content/uploads/2021/03/Fig1-1-1024x394.jpg 1024w, https://full.polito.it/wp-content/uploads/2021/03/Fig1-1-300x115.jpg 300w, https://full.polito.it/wp-content/uploads/2021/03/Fig1-1-768x295.jpg 768w, https://full.polito.it/wp-content/uploads/2021/03/Fig1-1-1536x590.jpg 1536w, https://full.polito.it/wp-content/uploads/2021/03/Fig1-1-2048x787.jpg 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>

<p class="wp-block-paragraph">Figure 1. Video stills of Barb Schwarz promotional video “How To Prepare Your Home For Sale…So it Sells”!</p>

<p class="wp-block-paragraph">Today this practice is present both in the sales and rental market. In particular, this service quickly expanded its popularity to the short-term rental sector due to the facilitated possibility of profit maximization with minimal effort. Indeed, the recognizable fortune of the practice of home staging has been noted (by all odds) by Airbnb. Meridith Baer, one of the leading home stagers in the United States, wrote for the blog of Airbnb, an article in which recommends <em>ten simple tips </em>to improve the house set up and so to <em>“help get more guests and keep them happy.”<sup>19</sup></em>From the list, it can be read some functional elements as the hotel-like equipped bathroom and the bedroom with the sitting area; to the application of more ephemeral elements, as flowers, color painting walls or doors, mirrors, and lights.</p>

<p class="wp-block-paragraph">A typical style is recognizable within Airbnb listings, as highlighted by a research project from AMO presented at the Architecture Triennale of Oslo in 2016, which collected a series of examples from Airbnb listings around the globe where such style is particularly evident. With a series of iconic photographs, they build a taxonomy where the living elements (parquet, wooden tables, white light, and designer furnishings) became the standardized components of staged commodities.</p>

<p class="wp-block-paragraph">Through the years, this practice became more structured, and within the platform market, the actors became more professionalized. Nowadays, the market of Airbnb is in the hands of the so-called multi-properties hosts –hosts that manage multiple properties– these can be real societies, property managers, other platforms, real estate firms, and even construction firms. In Rome, in 2019, 18% of the hosts own more than three properties accounting for 53% of the stock.<sup>20</sup> Those societies propose several additional services to the guests and to the house owners (sometimes these societies are the owner themselves), including home staging.</p>

<p class="wp-block-paragraph">Across the globe, these companies manage and stage houses to make them profitable assets, letting them flow eventually into the vacation rental market. Some of them, as Homm (owning around 200 properties in Greece), propose in their offers from the renovation of the apartment <em>“use only product of top quality and high-end product brands,”</em><sup>21</sup> to the complete reconstruction from scratch, owning two condo buildings in central Athens. They also propose advisory to the resident permit program Golden Visa; this European program consists of obtaining a 5-year residency permit for non-EU citizens by investing a given amount of money in several assets, including residential property<sup>22</sup>. Societies as Homm in Athens or Tamea International in Lisbon propose a full package from the sells of the property to the management of it in the case in which the owners want a return on the investment by renting out the property, possibly in the short-term rental market to the benefit of the flexibility and a maximum profit; in these cases, the houses sold are already fully furnished staged commodities ready to enter the rental market.</p>

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Altido (based in London with around 2000 properties in Europe) in its blog<sup>23</sup> recommends how to decorate a small flat meeting the demands of its clients in need to extract as much value as possible from little spaces. While the new real estate unicorn Sonder (based in San Francisco with around 8500 properties across the globe) found its fortune in renting out fashionable designer apartments, the practice of home staging for this company is not a possibility, while a requirement. In a recent article in their blog, they present a series of staged house images made by Sonder interior designers downloadable to be used as Zoom backgrounds.<sup>24</sup>&#13;
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<h5 class="wp-block-heading"><strong>19.<a href="https://blog.atairbnb.com/attract-guests-10-simple-tips-home-staging-expert-meridith-baer/">https://blog.atairbnb.com/attract-guests-10-simple-tips-home-staging-expert-meridith-baer/</a>. [15/05/2020]</strong></h5>

<h5 class="wp-block-heading">20.Data acquired by AirDNA</h5>

<h5 class="wp-block-heading"><strong>21.<a href="https://www.homm.gr/en/about/">https://www.homm.gr/en/about/</a>. [1/06/2020]</strong></h5>

<h5 class="wp-block-heading">22.This program is present in almost every European Country, the investment for a real estate could variate from the 300.000 € in Portugal, 250.000 € in Greece to the 500.000 € in Spain.</h5>

<h5 class="wp-block-heading"><strong>23.https://stayaltido.com/blog/stylingyourvacationrental</strong></h5>

<h5 class="wp-block-heading"><strong>24.https://blog.sonder.com/design/introducing-sonder-backgrounds-for-your-next-zoom-meeting/</strong></h5>

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<p class="wp-block-paragraph">The monopoly of Airbnb on the short-term rental market prompted an exponential growth of profitable investments on listings by larger economic enterprises than individuals or families. From a platform devoted to stimulate micro gains for households with a spare room to rent, in a decade Airbnb became a marketplace for high yield investments, involving more and more professionals from the real estate and the building industry.&#13;
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<p class="wp-block-paragraph">In this light, these mutations happened across the full spectrum of the hospitality industry. In the post-war globalized world, hotel chains built a wide range of options for the growing middle-classes, setting new standards for aesthetics, comfort, and ultimately for life –the ritual of the modern vacation trip. The revolutionary concept introduced by Airbnb is that the main value of its product profits by the opposite of standardization, as each listing is related to the identity of its host.&#13;
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<p class="wp-block-paragraph">Nevertheless, as Airbnb market was set in terms of mass consumption some standards started to emerge globally. Striking similarities between the average two-bedroom flat listing rose from Moscow to New York. Home staging found a mainstream “genre” for its plays, and Ikea contributed greatly as the set designer:&#13;
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<p class="wp-block-paragraph"><em>“In some ways the generic Ikea home is almost invisible. It’s repetition. It’s predictability. Its sameness across the globe makes it immaterial. It becomes a predictable nexus from which you choose to explore the city. It, in itself, is not an experience. It’s just the baseline allowing you to sleep. That’s appealing to me because then it is sort of like – what is the minimum investment we can make to see the world? Or to facilitate other people seeing the world? Ikea definitely provides that.”<sup>26</sup></em></p>

<p class="wp-block-paragraph"><em>Hyggelig</em> is the Danish word describing the kind of aesthetic standard pursued by most of Airbnb listings. The term refers simultaneously to the quality of a domestic space of being <em>nice</em>, and <em>pleasant</em>, and <em>cozy</em>, and <em>comfortable</em><sup>27</sup>. It’s interesting to note how a word initially referred to an atmosphere and experiential features was later attached to physical objects constructing an imaginary built upon marketability and profitability.</p>

<p class="wp-block-paragraph">The domestic space of hyggelig could be related to the urban space of Airspace, a notion introduced by some urban geographers referring to the spatializations of sharing economy –including Airbnb– with their mix of comfort, hisperish minimalism and photogenic corners, where human coexistence is efficiently regulated in time by algorithms<sup>28</sup>.</p>

<p class="wp-block-paragraph">In order to respond to the demand of an authentic experience promoted by Airbnb –Belong anywhere<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" />– the practice of home staging provided the tools to combine standardized comfort with marks of personalization.&#13;
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<p class="wp-block-paragraph">Once viewed as a whole, the images of staged listings appear to have the twofold characteristic of being generic and unique at the same time. The hyggelig of the white box with wooden minimal furniture unit is marked by signs of local culture here and there. The motto of Airbnb “belong everywhere” unfolds in the paradox of the simultaneous persistence of the comfort of commercial hospitality combined with the uniqueness of lived-in homes decorated with local touches.&#13;
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<p class="wp-block-paragraph">Diving into the staged interiors reveals how the typical rooms of the modern functional house are subject to slight changes to fulfill this double condition. As this may not be perceivable at first sight, a closer look unveils a slight myopia. A generous kitchen actually equipped with few freebies for coffee and tea making, a bathroom full of towels and some free shampoos but with no sign of cleaning devices, or a living room without a TV filled with posters on the wall showing landmarks of the hosting location. These examples may represent a caricature of the staged home, but they reveal the quintessential aspect of home staging. The emptiest space is filled with the bare minimum necessary objects to provide comfort, while the decorative (low cost) apparatus adds value to the listing in its marketing virtual phase –while having a marginal role during the real experience.&#13;
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</p>

<h5 class="wp-block-heading"><strong>25.Debord 1970: 19.</strong></h5>

<h5 class="wp-block-heading"><strong>26.<a href="https://www.swissinstitute.net/event/panel-everything-that-is-solid-melts-into-airbnb-with-alessandro-bava-andrea-branzi-rachael-yu-and-aaron-taylor-harvey-of-airbnb-hosted-by-airbnb-pavilion-fabrizio-ballabio-alessandro-bava-luis/">https://www.swissinstitute.net/event/panel-everything-that-is-solid-melts-into-airbnb-with-alessandro-bava-andrea-branzi-rachael-yu-and-aaron-taylor-harvey-of-airbnb-hosted-by-airbnb-pavilion-fabrizio-ballabio-alessandro-bava-luis/</a>. [3/06/2020]</strong></h5>

<h5 class="wp-block-heading">27.The word is an extension of the Danish word Hygge. <a href="https://dictionary.cambridge.org/dictionary/english/hygge">https://dictionary.cambridge.org/dictionary/english/hygge</a> [01/06/2020]</h5>

<h5 class="wp-block-heading"><strong>28.Pavoni and Brighenti (2017)</strong></h5>

<h2 class="wp-block-heading">References</h2>

<p class="wp-block-paragraph">Beka, I., &amp; Lemoine, L. (2016). <em>Selling Dreams</em> [Documentary]. Beka&amp;Lemoine.</p>

<p class="wp-block-paragraph">Debord, G. (1970). <em>The society of the spectacle</em> (Reprint). Black &amp; Red.</p>

<p class="wp-block-paragraph">Farha (2018). <em>Report of the special rapporteur on adequate housing as a component of the right to an adequate standard of living, and on the right to non-discrimination in this context</em>. United Nations Human Rights Council.</p>

<p class="wp-block-paragraph">Forrest, R., &amp; Williams, P. (1984). Commodification and Housing: Emerging Issues and Contradictions. <em>Environment and Planning</em>, <em>16</em>(9), 1163–1180.</p>

<p class="wp-block-paragraph">Gallagher, L. (2018). <em>The Airbnb story: Inside the company disrupting the world</em>.</p>

<p class="wp-block-paragraph">Iago Lestegás, João Seixas, &amp; Rubén-Camilo Lois-González. (2019). Commodifying Lisbon: A Study on the Spatial Concentration of Short-Term Rentals. <em>Social Sciences, 8, </em>2.</p>

<p class="wp-block-paragraph">Harvey, D. (2018). <em>The limits to capital</em>. Verso.</p>

<p class="wp-block-paragraph">Maak, N. (2015). <em>Living complex: From zombie city to the new communal</em>. Hirmer.</p>

<p class="wp-block-paragraph">Madden, D. J., &amp; Marcuse, P. (2016). <em>In defense of housing: The politics of crisis</em>. Verso.</p>

<p class="wp-block-paragraph">Martin, R. (2002). <em>Financialization of daily life</em>. Temple University Press.</p>

<p class="wp-block-paragraph">Minton (2017). <em>Big Capital.</em> <em>Who Is London For?</em>. Penguin.</p>

<p class="wp-block-paragraph">Oslo Architecture Triennale, Casanovas Blanco, L. A., Galan, I. G., Mínguez Carrasco, C., Navarrete Llopis, A., &amp; Otero Verzier, M. (Eds.). (2016). <em>After belonging: The objects, spaces, and territories of the ways we stay in transit</em>. Lars Müller Publishers.</p>

<p class="wp-block-paragraph">Pavoni and Brighenti (2017). <em>Airspacing the City – Where Technophysics meets Atmoculture</em>. AZimuth, V, 10.</p>

<p class="wp-block-paragraph">Srnicek, N. (2016). <em>Platform capitalism</em>. Polity Press.</p>

<p class="wp-block-paragraph">Stein, S. (2019). <em>Capital city: Gentrification and the real estate state</em>. Verso.</p>

<p class="wp-block-paragraph">..</p>
<p>The post <a href="https://full.polito.it/en/reader/poseur-real-estate/">Poseur Real Estate</a> appeared first on <a href="https://full.polito.it/en/">FULL | the Future Urban Legacy Lab</a>.</p>
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		<title>Housing Platforms</title>
		<link>https://full.polito.it/en/research/housing-platforms/</link>
		
		<dc:creator><![CDATA[Namitha Manappurath]]></dc:creator>
		<pubDate>Tue, 23 Feb 2021 09:48:26 +0000</pubDate>
				<guid isPermaLink="false">https://full.polito.it/research/housing-platforms/</guid>

					<description><![CDATA[<p>Over the last years, thanks to improvements in digital technologies, sharing economy has risen to prominence reshaping several industries. Among these, hospitality is facing a deeper structural change as the newly born Airbnb has matched in few years the capacity of traditional players. Moreover, the entry of Airbnb in the hospitality market has pointed out [&#8230;]</p>
<p>The post <a href="https://full.polito.it/en/research/housing-platforms/">Housing Platforms</a> appeared first on <a href="https://full.polito.it/en/">FULL | the Future Urban Legacy Lab</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph">Over the last years, thanks to improvements in digital technologies, sharing economy has risen to prominence reshaping several industries. Among these, hospitality is facing a deeper structural change as the newly born Airbnb has matched in few years the capacity of traditional players. Moreover, the entry of Airbnb in the hospitality market has pointed out several issues as, beyond hospitality, the short-term rental platform is a remarkable impact on the housing market and the shape of cities. Relying on a European-scale dataset, which contains granular information on the distribution of Airbnb yearly updated, the Housing Platform project is tackling some of the main consequences generated by Airbnb’s entry, thus proposing an integrated view of the entire phenomenon from various perspectives.<br/><br/></p>

<p class="wp-block-paragraph">All the analysis that support this research have been elaborated from the database provided by AirDNA, a commercial firm that collects data from the websites of two of the main OTA (online travel agency), Airbnb and HomeAway. The database acquired by FULL is yearly updated and includes all the listings within Europe from 2015 to 2019 (last version). The data are organized by three different database: Property, Monthly and Daily. The Property database include the description of any single listing and the annual performances both for Airbnb and HomeAway. While the Monthly and the Daily database collects data in a most refine granular temporality.</p>

<p class="wp-block-paragraph">Starting from a broader scale, the first two outcomes of the project are two researches providing an overall snapshot of Airbnb both at European and Italian level. The latter research, in particular, has turned out that Airbnb is highly selective highlighting an uneven distribution of both supply and demand. Indeed, despite the platform proposes itself to be fair and equipotential (in line with the definition of sharing economy), evidences tell a different story as Airbnb’s supply is concentrated toward urban areas (more than traditional supply) and that the spatial distribution of revenues is even more concentrated (highlighting over-supply areas). Analyzing the phenomenon at a micro-level, researches participate to the flourishing debate on the relationship between the short-term rental platform and traditional hospitality. To this extent several results have emerged: higher presence of Airbnb’s supply in markets where high-end hotels own higher market shares and, under a managerial perspective, location has turned out to be the main asset in the hand of hotel-owners to moderate the threat of Airbnb. In addition to these researches, as Covid-19 has deeply changed the hospitality market, an analysis of the impact of pandemic on Airbnb has been carried out. Results have shown that the platform suffered independently to the measures of lockdown adopted (negative impacts have been found both in Milan and Stockholm) while a consistent shift in preference for apartment over shared accomodation has appeared in areas where hard measures of social distancing have been adopted. Together with these first outputs, new projects are going to start. Firstly, a new study on the impact of Airbnb on the Italian Borghi aims at assessing whether the platform can be intended as tourism-abilitator in areas where traditional supply is not present starting from the idea of utilization of idle-complementary assets in those areas. Secondly, other studies on the relationship of Airbnb and the housing market are intended to provide an overview of rents in presence of a short-term alternative, with important consequences for policy-makers. Finally, the diffusion of the platform is going to be studied, under both the innovation-diffusion theory and the entrepreneurial one.<br/></p>

<h2 class="wp-block-heading">Publications</h2>

<ul class="wp-block-list">
<li>Buzzacchi L., Destefanis A., Milone F. L., Paolucci E., Raguseo E., The impact of COVID-19 pandemic on sharing economy accommodation market: empirical evidence of changing preferences in main European cities, (under review – International Journal of Hospitality management)</li>



<li><a href="https://full.quivi.it/reader/the-impact-of-airbnb-on-the-economic-performance-of-independent-hotels/">Destefanis A., Neirotti P., Paolucci E., Raguseo E., <em>The impact of Airbnb on the hotels’ economic performance: an empirical investigation of the moderating effects</em>, (published- Current Issues in Tourism, analysis based on AirDNA dataset)</a></li>



<li><a href="https://full.quivi.it/reader/italy-is-in-the-airbn/">Italy is in the Air(bnb). The uneven diffusion of short-term rental markets between urban locations and selective tourism destinations</a></li>
</ul>

<p class="wp-block-paragraph"></p>
<p>The post <a href="https://full.polito.it/en/research/housing-platforms/">Housing Platforms</a> appeared first on <a href="https://full.polito.it/en/">FULL | the Future Urban Legacy Lab</a>.</p>
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		<title>Italy is in the Air(bnb)</title>
		<link>https://full.polito.it/en/reader/italy-is-in-the-airbnb/</link>
		
		<dc:creator><![CDATA[Lucio Beltrami]]></dc:creator>
		<pubDate>Sat, 13 Feb 2021 12:27:55 +0000</pubDate>
				<guid isPermaLink="false">https://full.polito.it/reader/italy-is-in-the-airbnb/</guid>

					<description><![CDATA[<p>In recent years, thanks to digital technologies, the sharing economy has gained significant prominence, reshaping various sectors. Among these, the hospitality sector has undergone a profound structural transformation, as the new Airbnb platform has, in just a few years, matched the capacity of traditional accommodation providers. The arrival of Airbnb has highlighted several issues that [&#8230;]</p>
<p>The post <a href="https://full.polito.it/en/reader/italy-is-in-the-airbnb/">Italy is in the Air(bnb)</a> appeared first on <a href="https://full.polito.it/en/">FULL | the Future Urban Legacy Lab</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph">In recent years, thanks to digital technologies, the sharing economy has gained significant prominence, reshaping various sectors. Among these, the hospitality sector has undergone a profound structural transformation, as the new Airbnb platform has, in just a few years, matched the capacity of traditional accommodation providers. The arrival of Airbnb has highlighted several issues that have been extensively studied by academics: competition and displacement of traditional hospitality, the impact on the property market, the excessive touristification of popular destinations and the touristification of new ones. This article contributes to the ongoing debate by examining the spatial distribution of Airbnb in Italy in 2017–18. The results show that, although the sharing economy is presented as fair and equitable, offering all users the same opportunities, Airbnb turns out to be highly selective, revealing an uneven distribution on both the supply and demand sides. The empirical analysis provides evidence that a) the supply of Airbnb properties is particularly concentrated in urban areas, more so than the supply of traditional accommodation; b) the spatial concentration of revenue is much higher than the spatial density of properties, thus supporting our prediction of an oversupply in areas where entry costs are lower; and c) the supply of Airbnb accommodation tends to be more intense in submarkets where the market share of high-quality hotels is higher.&#13;
&#13;
</p>

<p class="wp-block-paragraph"></p>
<p>The post <a href="https://full.polito.it/en/reader/italy-is-in-the-airbnb/">Italy is in the Air(bnb)</a> appeared first on <a href="https://full.polito.it/en/">FULL | the Future Urban Legacy Lab</a>.</p>
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