The Coronavirus pandemic and associated global lockdowns have affected the short-term-rental industry as much as any other, including Airbnb waiving cancellation fees for reservations booked before mid-March and due to take place by mid-April.

In a statement, Airbnb has said that there are as many listings as before the pandemic, and other commentators have denied that there is a huge uplift in hosts shifting to offering their properties as long-term rentals instead. However, the sheer numbers of new furnished apartments available across many cities, often at rates lower than usual for the area, implies they were not previously lived in but have come new to the market.

Some university researchers have said there are already clear signs of the Coronavirus’s ripple effect, and for aggressive speculators who purchased multiple properties to rent out out year-round, this is a disaster – and proves that short-term rentals have had a disastrous impact on cities’ rental markets.

Read more: