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by dorchadas 1752 days ago
> I think in medium term this problem will resolve by itself.

It doesn't. There's always more tourists coming into a city than AirBnBs can handle, especially in big cities. I currently live in Dublin, and AirBnB is a huge issue here. And these people know they can keep charging their prices and raising them because tourists will keep coming. In doing so, they've taken over a thousand units (and probably several thousands, honestly; 1600 is the number that went back on the market when the pandemic hit) off the long term rent market, making the housing crisis here even worse.