[bongodongobob]

Because a lot of these houses sit there vacant for big percentages of the year. For example (easy numbers) if your mortgage is 1k/month, you can afford to rent it out for 200/night a leave it vacant the other 25 days of the month.

You ever see a hotel on a Tuesday? No one is there. Now stretch that across all the airbnbs in a city.

I don't understand how someone can't see how that isn't bad and is crating artificial scarcity. Homes are not hotels.

[stanleykm]

Because this site is full of free market absolutists and they have no interest in considering the downstream effects.