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What if the vacancy rates are due to untenable rent prices? I could see vacancy being artificially created this way.

• weeksie 8y ago
  If vacancy rates are high enough they create downward pressure on rent.
  • whichdan 8y ago
    Yes, assuming AirBnb isn't more profitable than decreasing prices.
    • weeksie 8y ago
      That may happen in a vanishingly small subset of instances, perhaps in developing economies where the housing stock of a desirable destination hadn't already been augmented by dedicated hotel space—since visitors would be so profitable. My guess it that any situation like that would be relatively short term, but could be handled with special case moratoriums. Maybe I'm missing something but I have a hard time thinking of a situation where this would be anything other than a short term issue.