As Airbnbs explode around the Obama Center, housing advocates say affordable units are disappearing

Edward Kung, who has studied the impact of Airbnbs on housing across the country, said the theory is simple: “[Airbnbs] shift some of the housing stock away from residents to tourists, so you get a potential decline in the housing stock, and that would push up prices and rents.” said Kung, an economics professor at California State University, Northridge.

https://chicago.suntimes.com/real-estate/2026/06/05/barack-obama-airbnb-presidential-center-chicago-affordable-housing-displacement-gentrification

Chicago Sun-Times