Sorry but you are dead wrong. AirBnBs have a significant negative effect on the neighborhood, especially in highly touristic cities. People renting AirBnBs are

Sorry but you are dead wrong. AirBnBs have a significant negative effect on the neighborhood, especially in highly touristic cities. People renting AirBnBs are much likely to be louder and less respecting than long-term neighbors because they don't have any incentive to care - they are just staying there short term and then leaving again. Making too much noise at night is illegal, but it is much harder to enforce that against tourists that spent a few nights somewhere than against a long-term resident of their own house. In Amsterdam we saw this a lot, with "party tourists" staying in AirBnBs, getting home at 4 AM and then shouting and making noise constantly, effectively ruining the lives of the next-door neighbors. This is a huge problem, especially since Amsterdam has many old houses that do not block much noise. Imagine waking up three times per week at 4AM because your neighbors' AirBnB guests are shouting after coming home drunk/drugged from a party again. I bet you would not be very happy either. Unlike in the US, though, thankfully the government has cracked down very hard on AirBnBs. It is now illegal to rent out your house/apartment on AirBnB for more than 30 days a year, and people renting our their apartments on AirBnB must pay high tourism taxes to pay for externalities. It is also only allowed to rent out your primary residence, you cannot rent out a second apartment or house. People trying to circumvent these laws are cracked down on hard and have to pay extremely high fines (more than €10K). Home owner's associations and rental contracts now also typically have clauses that explicitly forbid AirBnBs. Still, many people want to introduce more rules or even ban AirBnB entirely.