Is it necessary? Isn't it impossible for AirBnB not to either drive up price levels or drive down availability? If you have a property, AirBnB immediately mak

Is it necessary? Isn't it impossible for AirBnB not to either drive up price levels or drive down availability? If you have a property, AirBnB immediately makes it more valuable, as it is now possible to generate a (reasonably) passive income from it - you can use it more efficiently than before. If you own a home or rent. What economics are you using in which it doesn't immediately follow that this would eventually reflect in the rental/purchase price of housing units? Ahh "rent control and regs" you say! Ok fine, then the market tries to reach its equilibrium on quantity and fewer units are available. AirBnB makes housing more valuable, and if there is any vestige of market forces in SF housing, its effect on price/supply is unambiguous. This DOES NOT, however, mean that AirBnB is a bad thing. I firmly believe it is an incredibly beneficial thing for everyone and it boggles my mind how people can be so against a service whose only function is to allow us to use our resources more efficiently. If this energy were instead spent on analyzing all the distortions that our wonderful political system has introduced in the system, we'd be much better off.