Staying in Venice: Feasibility Study of Housing Startup Casa Peota

YEAR: 2017 | TERM: B

Economy

Housing

Team

Cerce, John; Moo Feng, (Erick) Zhung Keung; Smith, Samantha A.; Steele, Charles C.

Co-Advisor

Peter Hansen

This project identifies how Venetians can leverage income from tourist rentals so that residents and visitors can stay in Venice sustainably and affordably. We assessed the housing and short-term rental markets in Venice. Income from tourist rentals covers the gap between what Venetians can afford and the cost of housing. This project is the foundation for Casa Peota, which will help Venetians to finance housing, and for Fairbnb, a platform for short-term rentals that makes social contributions to the community.