Precisely this. Go to any city in the world where new housing is not artificially constricted by local governments and you will find that the effect of airbnb r

Precisely this. Go to any city in the world where new housing is not artificially constricted by local governments and you will find that the effect of airbnb rentals on housing prices are minimal. I will not deny that the presence of airbnb rentals in a city can drive up the incremental cost of housing, but it is a proximate cause, not the root cause. The root cause is artificially constrained supply.