3 ms·
In hotels? Further away? It'd be more expensive or more inconvenient so fewer would come, but residents wouldn't be bearing the negative externalities as much a
by alonmower 8y ago
In hotels? Further away? It'd be more expensive or more inconvenient so fewer would come, but residents wouldn't be bearing the negative externalities as much as they are today.
I live in SF so while I wholeheartedly agree that more building should help solve the problem the reality (here at least) is that existing homeowners have strong incentives to oppose rezoning and new development as it might hurt their home's values. Many people have overextended to be able to buy here that anything that could cause dips in prices is vehemently opposed. I'll admit SF has a broader set of issues at play here but AirBnB just further strains an already strained situation.