I moved to Taos, New Mexico last year, a ski town with a huge Airbnb market, like Crested Butte. It has definitely increased long term rental prices around here

I moved to Taos, New Mexico last year, a ski town with a huge Airbnb market, like Crested Butte. It has definitely increased long term rental prices around here, but, to a former NYC resident like me, they were pretty low to begin with. Taos, thankfully, has a lot of factors which prevent it from becoming the next Jackson Hole or Crested Butte. For one, unlike those towns, we have a lot of land. Taos isn't really hemmed in by National Forests and has plenty of room for new construction. Second, Taos was fairly large to begin with: 15,000 people or so in the greater area, so Airbnb has a more muted effect. It seems like a very mixed bag to me. Long term rental prices keep going way up, but many locals seem to be making a lot of money renting out (of course, only the ones who can afford to own in the first place). The city also seems to make a decent amount of money from lodgers tax as well.