This work focuses on the city of Turin to investigate the impact of Airbnb on the local real estate market. After an introduction on the sharing economy, the focus shifts to Airbnb, covering aspects such as its business model, the relationship with the hotel industry, and the regulatory issues associated with its rise in the major cities across the world. The following section concentrates on the Italian real estate market as a whole, with considerations based on data regarding both homeownership habits and market trends in terms of homeownership, the number of transactions, and prices. Once the most relevant literature regarding the relationship between Airbnb and real estate markets has been reviewed, the third chapter illustrates the data used in this work, provided by: AirDNA for listings’ data, Idealista and OMI for real estate figures.