Short-term rentals and housing prices: the role of tourism development typologies *

This article examines the relationship between short-term rentals (STRs) and housing purchase and rental prices in tourist destinations. The article focuses on how this relationship varies by the typology of tourism development – specifically, vacation homes (hotel-based) versus second-home-based models (residential models). Using time series analysis and data from three destinations in the Region of Valencia (Spain), the study tests for Granger causality between STR activity and housing market dynamics. Findings reveal that the impact of STRs on housing prices differs across destinations, echoing patterns previously observed in other economic variables such as employment and rental markets.