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Problematic Professor's avatar

My big concern with AirBnB, and I have used them in foreign countries with bad hotel options, is that they invariably take housing stock off the market driving up prices for locals. And then those locals say they need to AirBnB their places in order to afford their rent, so it is a vicious cycle driving up housing costs. And of course young people then protest for more government housing, or rent-controlled housing, which do not allow you to AirBnB and will take more housing off the market.

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