Pricing Trends in Airbnb Rentals in European Cities

Over the last several years Airbnb vacation rentals have been rising in popularity across all major European cities. The Airbnb listings in Amsterdam are much more expensive than rentals in other European cities, even famously expensive cities like London. I seek to understand why rentals in Amsterdam are so expensive in comparision to other European cities- London in perticular. By examining trends in distance to city center, distance to the nearest metro station, number of bedrooms, and types of rentals, I determined this surprising differnce between the average price of rentals in Amsterdam and London can be attributed to rentals in London being smaller, farther from tourist destinations like the city center, and less convienently located by metro stations. However, it is important to note that one major reason for the difference in average rental price between these two cities could be that there are significantly more London Airbnb data points than Amsterdam data points, meaning the Lomdon data is more representative.