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.

Airbnb has in fact ruined communities and destroyed the dream of home ownership for an entire class of people: those who would already be buying at the limits of their budgets to stay where they were brought up.

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.

AirBnB rentals are not making it criminal to build supply, local zoning regulations that benefit incumbents at the expense of everyone else are what make it criminal to build supply.

It's a defect at the intersection of capitalism, property ownership, and democracy.

What do you think would happen if you filled a cozy touristic town with skyscrapers?

Who is building skyscrapers in a cozy tourist town? Do you really think zoning laws are the only thing standing between tiny towns and a bustling metropolis?

If there is strong demand for housing, you might see bungalows turn into town homes or townhomes turn into mixed use 3 story flats... Which tend to be much more economically productive for the local gov anyways because the cost of infrastructure & services per person drops.