[baby]

> Flats being rented on AirBnB is definitely competing with long term residents wishing to rent flats.

so are hotels, parking lots, malls, and everything else that take space right?

[matkoniecz]

Partially yes, but AirBnB and similar caused widespread effect of flats and apartment buildings being turned into a hotels.

Residents of a city (via local government) may have some influence on hotel/mall/parking lot construction but this fails when anyone may buy apartments and starts hotel there anyway.

[pseudalopex]

Those are regulated and taxed.

[baby]

So? They still provide a downside. Regulation doesn’t make something instantly worth it.

[pseudalopex]

So it makes sense for cities to limit and balance the down sides of short term rentals the same way they limit and balance the down sides of hotels, parking lots, and malls.