Airbnb owners tend to spend a lot locally (cleaners, landscaping, maintenance, etc.) especially in areas that don't get a whole lot of traffic aside from seasonal tourism. A lot of the cleaners are women who can only work part time because of other family duties, it's really going to hurt them a lot. Meanwhile cities will immediately blame Airbnb for high rent/low stock because most hosts don't have developer or hotel money, when Chinese investors constantly buy up properties sight unseen and let them stay vacant.
Airbnb owners tend to spend a lot locally (cleaners, landscaping, maintenance, etc.) especially in areas that don't get a whole lot of traffic aside from seasonal tourism. A lot of the cleaners are women who can only work part time because of other family duties, it's really going to hurt them a lot. Meanwhile cities will immediately blame Airbnb for high rent/low stock because most hosts don't have developer or hotel money, when Chinese investors constantly buy up properties sight unseen and let them stay vacant.
Airbnb owners tend to spend a lot locally (cleaners, landscaping, maintenance, etc.) especially in areas that don't get a whole lot of traffic aside from seasonal tourism. A lot of the cleaners are women who can only work part time because of other family duties, it's really going to hurt them a lot. Meanwhile cities will immediately blame Airbnb for high rent/low stock because most hosts don't have developer or hotel money, when Chinese investors constantly buy up properties sight unseen and let them stay vacant.