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.
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This happened even in areas where holiday home ownership and rental was common as a business.
The failure of government to grapple with the negative effects of Airbnb is a separate thing. Airbnb are, in fact, in control of their own morality.
Thanks for the unnecessary correction, when it's pretty clear that my comment you are replying to includes the words "even in areas where holiday home ownership and rental was common as a business".
I don't know why it did not happen before.
All I know is that the situation in coastal resort towns in Cornwall, Devon, and elsewhere in the UK changed utterly when Airbnb became a thing.
I could guess that barrier to entry was always an issue before then; the relative complexity and process involved in listing a property with e.g. Hoseasons, who were the dominant player in the 80s and 90s, and who inspected properties and had greater requirements.
But either way, Airbnb did unambiguously change things. Ask people who lived in Cornish towns whether they're even able to rent a room or a flat.
Nimbys are basically hukou advocates in disguise. After all, it's the only solution if you don't primarily place the blame on lack of construction.
There are literal physical limits on this in many coastal villages and towns -- for example pick almost anywhere on the south west coast of the UK. Not only is the area on which houses can be built restrictive due to geography (and often geology), the transport infrastructure does not scale. New property building both has not caught up with, and probably cannot catch up with, short term demand.
As it happens, a collapse seems likely, because local sentiment is turning against them so fast and because of general economic weakness; the number of "thriving holiday let" properties that are on the market now suggests that Airbnb's own accelerating rental costs problem is going to cause a bit of a bust.
But that bust will not benefit most of the people in the areas affected where the price of a small house is twenty to thirty times the average salary of would-be-first-time-buyers. Those people are leaving, so there will instead be a ghost town. And the sheer number of residents who are temporary has destroyed the potential for long-term stable infrastructure businesses for residents.
> Nimbys are basically hukou advocates in disguise.
It's nothing to do with nimbyism, is it? Nimbys are property owners. The problem only affects people who do not have back yards. They can no longer afford the houses at the prices at which they will be built and the rates at which they can be.
NIMBYs are property owners who vote for restrictive housing development policy in order to prop up their own home values.
Eliminate the NIMBYs and you end up with a lot more people who can have their own backyard.
And the outcome was bad for people living in these targets for mass tourism. Unless they were a YIMBY of course and wanted a hostel in their backyard.
'NIMBY' is like 'Karen' or 'boomer'. Some sort of convenient scapegoat, deserving or not.
Zoning laws are, for the most part, a mistake. Any solution to housing prices that isn't a boost in supply either leads to scarcity or hideous Danwei-style planning that reaches into peoples life plans and the ability to afford a future.