>It's easy to imagine global utility decreasing (e.g. from the permanent resident's dissatisfaction with living next to short term rentals) despite it being mar

>It's easy to imagine global utility decreasing (e.g. from the permanent resident's dissatisfaction with living next to short term rentals) despite it being marginally profitable for the property owner. It's also easy to imagine that the land owner's rent gains are higher than the "externalities" endured by the neighbors. I'm skeptical that the government can find a good tradeoff here.