this post was submitted on 11 Nov 2024
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Like an old game with very few assets (lemmy.world)
submitted 1 year ago by The_Picard_Maneuver@lemmy.world to c/curatedtumblr@sh.itjust.works
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[–] socsa@piefed.social 1 points 1 year ago

Then regulate them, but I think this is pretty overstated tbh. There are no short term rentals near me, because it isn't a tourist district, and the housing market is still ridiculous. Likewise, property values in tourist areas have always been absurd.

In reality, there is definitely some overlap, and short term rentals definitely impact the housing market in some places, but it is far from a primary cause of broader housing scarcity.