There isn't enough mention of AirBnB in this discussion. There are areas where a lot of housing is being built but most of it is is siphoned off the local-resi

There isn't enough mention of AirBnB in this discussion. There are areas where a lot of housing is being built but most of it is is siphoned off the local-resident market by investors who convert them into AirBnB rentals. So now all this housing stock exists, but only to serve tourists, and the locals can neither rent nor buy a place to live.