(no title)
midwesternerer | 2 years ago
Also it is really hard to believe that Airbnb is a meaningful impact on housing prices outside of certain touristy locales. My suburban neighborhood has had 5+ offers on every house that has come for sale in the last year and there are no Airbnbs in the neighborhood and only two within a five mile radius.
The only real answer is to build more--not depend on the government to artificially constrict supply by regulating vacation rentals.
bumby|2 years ago
I don't think this kind of dichotomous thinking generally holds with complicated real-world problems. They are almost always a confluence of multiple "answers".
E.g., yes, housing supply is probably part of the solution. But so may be integrating policies that disincentivize viewing something necessary (like housing) as an investment asset.
midwesternerer|2 years ago