Right, the management agency supply problem would only exist if AirBnB demand were high enough to impact the housing supply. But as the article said, less than

Right, the management agency supply problem would only exist if AirBnB demand were high enough to impact the housing supply. But as the article said, less than 1 in 1000 units rent enough AirBnB nights to break even on rent in SF, which means that unless the agencies are subsidizing their income elsewhere, it's not a problem.