Organizers are concerned Fifa tournament will deepen housing crisis as short-term listings spawn and unhoused people are further displaced in sweeps<\/p>\n
More than 10 million people are expected to visit the US for the World Cup<\/a> this summer. However, where and how to accommodate these visitors has been a concern among residents and affordable housing advocates in host cities from Seattle to Atlanta.<\/p>\n Hotels remain under-booked<\/a> in America\u2019s 11 host cities, while short-term rental listings in some cities have increased by as much as 30%<\/a> in recent weeks. To incentivize homeowners and landlords to become hosts during the World Cup, platforms such as Airbnb are offering a $750 sign-up bonus<\/a>, with some rental listings already reaching $6,000 a night<\/a>. Advocates worry that an increase in short-term listings will lead to a tighter rental market and higher rents for residents in host cities.<\/p>\n Continue reading…<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Organizers are concerned Fifa tournament will deepen housing crisis as short-term listings spawn and unhoused people are further displaced in sweeps More than 10 million people are expected to visit … Read More<\/a><\/p>\n","protected":false},"author":0,"featured_media":1040,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-1039","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world-news","entry"],"_links":{"self":[{"href":"https:\/\/www.cnnglobalnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cnnglobalnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cnnglobalnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cnnglobalnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1039"}],"version-history":[{"count":0,"href":"https:\/\/www.cnnglobalnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1039\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cnnglobalnews.com\/index.php?rest_route=\/wp\/v2\/media\/1040"}],"wp:attachment":[{"href":"https:\/\/www.cnnglobalnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cnnglobalnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cnnglobalnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}