1% of housing stock is misleading. Generally speaking, a 3% rental vacancy rate is considered healthy. Effectively, AirBnB is consuming 1/3 of the total availab

1% of housing stock is misleading. Generally speaking, a 3% rental vacancy rate is considered healthy. Effectively, AirBnB is consuming 1/3 of the total available rental pool if it consumes 1% of housing stock.