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by AnthonyMouse 49 days ago
> My hometown is now 20% AirBNB, they ran illegally for many years, and this completely prices out normal folks trying to live near their families.

If people are getting priced out, that implies that either the cost of a unit is more than the cost of construction, or that the cost of construction is unreasonably high. If it's the first one the higher demand should just lead to more construction instead of higher prices, because units that sell for more than they cost to build are profitable to build and supply expands until the price falls below the cost. If it's the second one, the actual source of your problem is high regulatory costs and NIMBYism rather than AirBNB.