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It’s the right thing because airbnb distorts house prices (among other factors too). In some cases pricing locals out of the market in place of tourists. Which
by josho 8y ago
It’s the right thing because airbnb distorts house prices (among other factors too). In some cases pricing locals out of the market in place of tourists. Which is why those rules are often in place.
- ndnxhs 8y agoSounds like there is just a shortage of high density housing.
- lazyasciiart 8y agoWhy not both?
- tehlike 8y ago"just" a shortage.
- ndnxhs 8y agoWhat I mean by that is its not a problem that people are paying for short term high price rentals. The real problem is more housing needs to be built.
- jimmaswell 8y agoHow could prices increase? Effective supply of housing goes up so prices should go down. Edit: Apparently sometimes whole apartments/houses become airbnbs, which I wasn't aware of. My experience has been spare rooms being rented out.
- neonate 8y agoI don't believe that. The last time I saw a study claiming it, which was a long time ago, it turned out to be funded by the hotel industry.
- seattle_spring 8y agoNot only that, but the price was something like 0.4% in NYC.
- kofejnik 8y agoWhat do you mean, distorts prices ? Is there a god-given “just” price which we should stick to?
- DFHippie 8y ago> Is there a god-given “just” price Incidentally, you can give up on God without giving up on justice. This is in fact the basis of the law in countries without state-sanctioned religions: coming up with shared axioms of just behavior and reasoning from there. So yes, there are means by which one can define just and unjust prices. If someone is hanging from a precipice by a thread he may agree that the price of his life is all his wealth and the value of his future labor. This does not mean that this is a just price for saving him. Maybe it is, but that depends on your axioms of justice.