The growth of the peer-to-peer rental market (platforms such as Airbnb) have led to the touristification of housing in many cities, with the peer-to-peer market now present in almost every European city. In the peer-to-peer rental market, individuals can occasionally rent out the homes in which they live through a platform such as
Airbnb. However, these platforms have been criticised for allowing investors and landlords to set up permanent holiday rentals in homes which would otherwise form part of the local housing stock. This is a form of
gentrification, as local city dwellers are displaced from their homes (or districts) to cater for the needs of affluent (in this case, transient and mobile) people. The production of a short-term rental housing market in cities became pivotal in the early 2000s. This came about due to the increasing importance of digital technologies in the economy, and a drive by capital to extract more value from the city. == Solastalgia ==