Try being seriously under-unemployed in a recession for 5 years, watch a single demographic group of "I've got mine, so the hell with everyone else" entitled br

Try being seriously under-unemployed in a recession for 5 years, watch a single demographic group of "I've got mine, so the hell with everyone else" entitled brats make tons of money in SF playing casino capitalism with mostly fake valuation companies that don't make any money, and then watch them cash their chips in, go into a city with a major housing crisis and push up prices so high through real estate speculation that nobody actually living there can afford to live there anymore. It's really, really easy to understand why people are mad about it, whether you agree with them or not. Real estate has gone up 30-50% since I moved to Portland 4 years ago, so of course, so have rents. 10+%/yr is a crazy number. Most people didn't make that much more income in the same time frame. I have friends that live in a house and rent a part of the house on AirBNB, and it helps them, and for that I am happy. But I'm torn about whether it's positive overall for the city to let out-of-state management companies buy out what's left of Portland's (very, very limited) supply of real estate and flip it for guerrilla hotel usage. I'm not saying AirBNB should be illegal, but Portlanders generally don't want to become California's vacation home, they don't want to copy the dog-eat-dog jungle that is modern San Francisco, they've never been an Ayn Rand libertarian whatever, and their strong tradition of progressive, heavily interventionist government planning (for things like, say, affordable housing) are being put in jeopardy by these disruptions. It's all quite understandable, again, whether you agree with it or not.