Do Anti-Gentrification Protests Affect the Short-Term Rental Market: Evidence from Mexico City
Published:
With Amaranta Hernández and Antonio Jiménez Hernández
Using monthly panel data on more than 26,000 Airbnb listings in Mexico City, we examine whether the anti-gentrification marches held in July 2025 affected the short-term rental market near the main march route in the Condesa neighborhood. We find no significant effect on average prices or participation, but we do find a significant decline in participation among high-price properties.