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Fine, that's great! But let's not pretend that this will solve the housing crisis, which is the claim in the headline, and the claim that people use to justify
by epistasis 3y ago
Fine, that's great! But let's not pretend that this will solve the housing crisis, which is the claim in the headline, and the claim that people use to justify the decision to ban AirBNB. They have every right to set their regulatory regime, but I also have a right to point out that their actions will not do what they are being represented to do.
- CPLX 3y agoSince short term rentals are not housing (remember, they are “hotels” in our analysis) taking substantial numbers of them and converting them (back) into housing is conceptually identical to building housing.