Re:New York City population declined by 5.3% since 2020
by phailhaus on Wednesday December 20, 2023 @11:42AM
(#38710592)
That only works if you assume that it is possible to build quickly enough to satisfy both demands. But if you can't, then you'll just satisfy one and not the other. NYC made this calculus and prefers people to have homes over short-term stays.
AirBnB satisfies one kind of demand: short term stays. Building more apartments and other housing satisfies another kind of demand. You keep building until you satisfy the demand of both