"Each unit lost to commercial short-term renting costs the city somewhere between $250,000 and $300,000 a piece"?!?! This makes absolutely no sense to me, and t

"Each unit lost to commercial short-term renting costs the city somewhere between $250,000 and $300,000 a piece"?!?! This makes absolutely no sense to me, and the linked slides don't make it any clearer.