Inside Austin’s SXSW-induced short-term rental spike

When it comes to raising the price of a vacation rental property, South by Southwest ranks up there with the Super Bowl and the Sundance Film Festival.
In 2016, Austin’s signature festival caused the prices of short-term rentals to increase nearly 200 percent, versus the median year-round price, according to a report from data analytics firm Datafiniti LLC.
For comparison, when the Denver Broncos and the Carolina Panthers faced off in Super Bowl 50, short-term rental prices in host city San Jose,…

#URLinkedUp Austin Business News – Local Austin News | Austin Business Journal http://www.bizjournals.com/austin/news/2017/03/22/inside-austins-sxsw-induced-short-term-rental.html?ana=RSS%26s=article_search

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