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Cozy studio in a good location," the ad promises. In reality, a studio apartment near the Gare du Nord, lit by a single window and sparsely furnished with a few white melamine wood furniture. A covered bench serves as a sleeping area. From there, you just have to reach out to reach the kitchenette where there is a microwave, a kettle or an Ikea cutlery drainer. Usually available for a sum ranging between 80 and 100 euros per night, this property suddenly sees its price jump to 2000 euros for the Olympic Games.
Extreme inflation observed in this example but indicative of a trend within the listings present on the short-term rental site. Le Figaro analysed the evolution of prices over one year, for all Parisian properties rented on Airbnb, in order to quantify the real extent of the phenomenon.
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