Scale Ruins Everything

Comical to suggest that AirBnB "ruined communities" or "destroyed the dream of home ownership" as if decades of federal, state, and local government policy had not already guaranteed those outcomes.

Yeah I'm tired of this too. Real estate hyperinflation is almost entirely the fault of chronically under-building real estate due to regulatory capture by landlords, legacy homeowners, and speculators. The real estate market is more or less a cartel in quite a few places.

AirBnB is a small factor. I suppose it drives up prices, but only because supply is so absurdly tight.

You can define it as under-building, but that's only one side of the political effect. E.g. the UK net immigration rate has been pretty enormous, and it seems lopsided to call it under-building to have not built homes for a giant number of people coming from their previous homes elsewhere in the world to the UK.

Speaking as the son of an immigrant, married to an immigrant, for the people who can only think tribally, and must assume I am doing the same.

most of these are legal immigrants, so the country decided to accept them, and yet failed to build enough to keep up with demand that they allowed.