Re:What Airbnb Did to New York City
by andrewjl on Thursday March 08, 2018 @02:26PM
(#16546894)
Assuming we're still talking about free markets, there are two solutions:
1) Build enough housing for everyone, tourists and locals alike.
2) Ban short-term rentals entirely.
Option 1 might alter the surroundings or vibes, but option 2 will destroy the tourist-dependent component of the local economy, which for many places IS the economy.
1) Build enough housing for everyone, tourists and locals alike. 2) Ban short-term rentals entirely.
Option 1 might alter the surroundings or vibes, but option 2 will destroy the tourist-dependent component of the local economy, which for many places IS the economy.