Enhancing sustainable tourism destinations is a crucial endeavor. Sustainability improvement measures are needed not only in newly built environments but also in physical capacities that are already established and that have been in operation for an extended period. This contribution addresses...

This study evaluates the impact of the second home restriction (Lex Weber) on construction investments in Switzerland. Different specifications and variations are defined, and the changes in investment behaviour are analysed. A first basic model considers the variation in investments through a...

We provide an in-depth study of short-term rental (STR) regulation in Chicago. While many municipalities choose between outright bans or laissez-faire strategies concerning STR activities, Chicago pioneered a middle-ground ordinance, enabling the market to exist with limitations and...

We study a home rental market where hosts compete in prices and decide which guests to accept. Such screening results in inefficiently many rejections and can reduce welfare. In a unique symmetric equilibrium, hosts randomize over prices so that it may be unprofitable for them to accept some...

The Tiebout model assumes that individuals 'vote with their feet' and choose to locate in the jurisdiction which best matches their fiscal preferences. In this paper, we test Tiebout's voting mechanism by examining whether housing purchase decisions are sensitive to changes in local property tax...