4 ms·
AirBNB, second homes, and rentals aren't pushing up rents and house prices even a fraction as much as central banks artificially lowering interest rates, zoning
by onlyrealcuzzo 5y ago
AirBNB, second homes, and rentals aren't pushing up rents and house prices even a fraction as much as central banks artificially lowering interest rates, zoning laws, and NIMBYism.
Population growth and lower family formation rates - which is hard to blame on anyone but women actually having a choice for their own lives - are much bigger reasons for price increases than AirBNB and second homes pretty much everywhere outside of the most touristy vacation destinations.