College Towns Feel Pinch From Rental Sites Like Airbnb

CAMBRIDGE, Mass. (AP) — The debate over whether short term rental sites like Airbnb have driven up housing costs has raged for years in major cities. Now college towns are feeling the pinch. Such towns are heavy on events that draw visitors, and if they also are tourist destinations that can exacerbate the problem. Cambridge, Massachusetts, is home to Harvard University and the Massachusetts Institute of Technology.

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