Sounds similar to the problem of ticket prices and scalping. It absolutely sucks that families are getting displaced, but at the same time it's a correction in

Sounds similar to the problem of ticket prices and scalping. It absolutely sucks that families are getting displaced, but at the same time it's a correction in the market. I'd be curious to know why family residences are more valuable as short-term rentals. My guess would be that there's just more people that want to stay in SF than there are hotels available at prices people want to pay. The tight housing market isn't helping that either. People are getting evicted and replaced by renters willing to pay more, regardless of Airbnb. There's premium on space, short or long term. Airbnb's not helping, but I think it's more of a symptom of the bay's broken housing market than anything else. I'd wonder if regulating Airbnb rentals wouldn't have a negative effect similar to rent control. My understanding is that most economists agree that price ceilings on real estate only exacerbate the supply problem that places like SF are facing, and the best solution is to build. On the other hand, why risk the capital to build a hotel, when you can just use the existing housing instead?