There was a case made that Airbnb rentals are subsidized by the local residents through higher rent. So if you travel to Paris, you're paying less for an Airbnb

There was a case made that Airbnb rentals are subsidized by the local residents through higher rent. So if you travel to Paris, you're paying less for an Airbnb rental there. In your own city, Airbnb rentals are rising the cost of buying and renting. The outcome is that your costs end up the same: higher property at home, lower price of renting abroad. This is, of course, purely theoretical. There are many other factors in play: regulation, your propensity to travel, desirability of your home neighborhood, etc.