It seems like Airbnb is an easy scapegoat to use for the actual problem of not enough houses existing/being built. Another scapegoat is ‘foreign investors’ but

It seems like Airbnb is an easy scapegoat to use for the actual problem of not enough houses existing/being built. Another scapegoat is ‘foreign investors’ but I think this also isn’t true. In the US I think the people willing to make cash offers for houses in expensive cities are often the rich people who live there. There are also companies that will advance you the cash so that you can make a cash offer before going through the whole mortgage process, which seems a bit silly but if these companies exist then some people making cash offers must also be regularish wealthy home buyers who will use regular mortgages.