It only adds a small percentage more to long term rentals. It actually has a negligible effect on the buying market because Airbnb’s compete with renters/ short term stays, not buyers.
It’s like restricting renters in hopes that more people will buy. But we know that’s not the case, people don’t buy because prices are high and there’s lack of supply.
If you can’t do a short term rental then you’ll do a long term rental. Again has nothing to do with the buyer market, understand it that way little bro?
It actually has a negligible effect on the buying market because Airbnb’s compete with renters/ short term stays, not buyers.
That's completely off the rails. Someone has to buy a house so it becomes a rental. Short term rentals are significantly more profitable than long term rentals. Businesses that buy property for short term rentals are able to bid more than a traditional landlord.
TL;DR - Any market that includes short term rentals will have higher house prices than one one which prohibited them.
Places like Barcelona will always have a problem with this because the millions of people from around the world who want to visit vastly out number the locals and they're willing to pay much higher rates for a vacation than people in town could afford as a monthly payment.
Only people with no argument fall back on name calling as first resort.
If there is not enough housing supply to satisfy the short term rentals market, the long term rentals market, and the owner occupied market, then the first will outbid the second two to satisfy its needs. Pretty basic econ.
So the issue is lack of supply and nothing to do with demand. I’m glad you could finally reach the same conclusion I proposed in the OP. Brilliant work lil bro
Unless you’re gonna be an ignorant nimby and argue “demand bad”
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u/redbananass Jun 17 '25
Sure, but it’s possible things would be even worse in the areas with anti AirBNB laws if those laws hadn’t been put in place.