[CodeWriter23]

Your expensive rent, you can thank AirBNB for that, and they should be burned to the ground. The simple fact that the author glosses over is ridesharing, despite its scofflaw roots, has been legitimized and codified into law, because it is good for people and the people want it. Whereas what we're seeing with AirBNB is legislation to strictly curtail their activity. Because their activity is bad for people, and people who are locals don't want it.

[didibus]

Where I'm front, that's solved by allowing renters to sublet. So I know ton of people who affort rent by having one room be an airbnb, or doing airbnb once a weekend.

[PatentTroll]

Yeah, that's fucking terrible

[naravara]

>Your expensive rent, you can thank AirBNB for that

My rent was expensive for years before AirBnB came on the scene. AirBnB might put some slight upward pressure on rents in markets with a lot of tourism, but it pales in comparison to the simple fact that supply does not meet demand. Thank the zoning regs and lack of transit investment in less-urban parts of your metro area.

[ABCLAW]

Recent analysis of several real estate markets in Canada indicates that the supply side explanation for total unit cost and rental price increases is not accurate.

[GauntletWizard]

Canada is very different than the US - Significantly because it's much easier to buy a home as a foreign national, which has made cities like Vancouver attractive investment spots for Chinese businessmen who want to get some of their money overseas.

It's shortsighted to point to one item as being "the reason", but it's equally shortsighted to ignore major American cities (Let's be real - This is HN, we're talking about SF) shortsighted development policies as major contributing factors.

[CodeWriter23]

You haven't been paying attention to rents pre-AirBNB or you do not live in a city that has a tight supply of housing.