3 ms·
Which housing markets would benefit more from banning AirBnb than from construction 100k new luxury units? My googling suggests that Manhattan has fewer than h
by majormajor 5y ago
Which housing markets would benefit more from banning AirBnb than from construction 100k new luxury units?
My googling suggests that Manhattan has fewer than half that many AirBnb's, suggesting that all 100k of those new luxury units would push down the price of all existing housing more than simply returning 40-50k AirBnbs into supply.
Might be hard to fit 100k new apartments into Manhattan, sure, but it would be much easier to fit them into LA. Lots of two story buildings out there. Dallas? Austin? Portland? Even easier!
- jimbob45 5y agoTo be clear, I’m a huge fan of high-rise high-density housing like you’re describing. However, the costs of tearing down existing smaller building to build them are likely too great (and underground parking is not where it needs to be at in America).