Before Airbnb, your neighbour couldn't just start renting out (a part of) their house to tourists. In many European cities, and I imagine other places too, zoni

Before Airbnb, your neighbour couldn't just start renting out (a part of) their house to tourists. In many European cities, and I imagine other places too, zoning laws and permits were in place that prevented that from happening. Then Airbnb came along and disrupted the market by rewriting the rules, or rather selectively forgetting about some of them. This has a real impact on the people that live in those cities. Without it, there would still have been plenty of people that wanted to travel to these places, but without part of the housing supply meant for citizens going to tourism, the price of a room would simply go up.