>I for one have always enjoyed using the service, but am thoroughly convinced that allowing the rental of entire suites is having a considerable impact on local

>I for one have always enjoyed using the service, but am thoroughly convinced that allowing the rental of entire suites is having a considerable impact on local housing availability. I believe short term accommodations affordability is just as important as long-term accommodations affordability. Valuing one over the other is the common fallacy of assuming our own subjective valuation is more accurate than the market's. Regulatory prohibitions are harmful in two additional ways: * they fundemantally violate our human rights. Any voluntary interaction between consenting adults should be legal, particularly on their own private property. One can have their friend stay over, every day of the year, but as soon money (God forbid!) changes hands, it becomes illegal and punishable with income expropriation (fines)? The absurdity of the law is an indication of its injustice. * they have collateral damage. For example an Airbnb licensing scheme will often make the difference between a person renting out their unit while they go on vacation for three weeks, and a person not bothering, even if the licensing scheme does not prohibit this. Complying with regulations is an extra cost, and it's a fixed cost that disproportionately affects the long tail of the most casual/occasional users. Regulatory prohibitions like this are one of the biggest drivers of the professionalization of the economy, which disempowers people in lower income groups.