>and the city becomes a place only for tourists and the wealthy The city is becoming a place for tourists and the wealthy because tourists and the wealthy have

>and the city becomes a place only for tourists and the wealthy The city is becoming a place for tourists and the wealthy because tourists and the wealthy have decided they want to live in the city. AirBnB and rising prices more broadly are an effect of this, not a cause of it. When people are willing to pay more to live somewhere, then prices there rise, and people that can't afford to pay those prices are forced to live somewhere else. You can try to fight this by fighting the symptoms, like regulating AirBnB, or like Prop 13, and while you might advantage a few grandfathered-in homeowners, you're going to end up with negative externalities that will just screw over the poor even more.