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by coldtea 3243 days ago
>The problem with the anti-AirBnB argument is it always attacks from the angle of vacation rentals eating into the resident housing supply. That's nonsense.

Not for those that suffer from it.

>There is some number of residents and visitors in any given city, and some number of permanent and temporary beds for them to sleep in. Yes, AirBnB shifts some of the housing stock from resident to visitor housing, but, that's really just a zoning and regulation problem, not a capacity issue.

Well, unless people en masse are willing to go out there and build new houses, and prefer to use them for resident renting instead of AirBnB, it is a capacity issue.

Capacity doesn't magically increase with demand in the real world. Especially if there's a big, more lucrative, sink for new capacity.

1 comments

"Well, unless people en masse are willing to go out there and build new houses"

They ARE! But the government won't let them.

Zoning and NIMBY laws are what causes the housing crisis.

It would be fixed in 5 years if the government removed building height limits in only a few square mile areas in all the major high rent cities.

The problem of high rent prices is solved by allowing people to build a couple hundred thousand apartments in every major city.

Apartments are extremely lucrative, so any developer at all would be willing to build them.