My city's property taxes are among the lowest in the nation for an urban metro, so that's not really a big factor. However you're right that tourists spend a lot of money in our food+drink and entertainment industries, which has definitely had some positive effects in our overall "scene" and generates some good sales+use tax. On the other hand, we're not really starved for wealthy people who like to have a good time but we are starved for mid- to low- cost housing, so IMO it would be a better deal for the city to consolidate the tourism into dense hotels and leave all the charming 1.5 BRs for first-time buyers.

> They're not taking any jobs My understanding was that you couldn't really "take" jobs (in the long-term anyways). I would imagine that increasing the volume of our labor force would only grow our overall economy (so long as we can house everyone)