Re:Airbnb dominated by professional landlords
by hn_throwaway_99 on Sunday August 06, 2017 @01:20PM
(#14942244)
This is all fair and true, but then why isn't the answer "fix the outdated housing regulations that are driving rents sky high", which is likely to have a bigger impact than banning AirBnB.
(I'm the grandparent.) Yes, this. I'm all for new construction to improve supply and a streamlined bureaucratic process so that it can happen more quickly.
Practically speaking though, you can look at any city that's had a problem with AirBnB (Berlin, San Francisco, New York, Barcelona, etc. — pretty much anywhere desirable to visit) and new stock isn't coming online anywhere close to quickly enough to counteract the market forces introduced by AirBnB. As it stands today, building is a very slow process, and it's likely to remain that way for the foreseeable future.