Like, I like your approach much more than Adam something 😀

You're wrong, you've lost the plot and lost me, the fact that you use Air B and Bs damage the validity of any argument you could make, homes are not and never should be hotels. Replacement housing, should there be any would be far away from where they are needed, all so building owners in desirable locations can make more money. Perhaps your arguments reducing Air B and Bs blame for damaging the private rental market, and increasing the cost of buying a home comes because you are guilty of being users who just like the convenience. I thought Better of you, I really did. By the way, I do Not get notifications about replays and I really feel that I should unsubscribe.

You are only focusing on investment Airbnb homes and completely forgetting about the type where someone rents out their home while away on vacation. This type of Airbnb doesn’t affect the housing supply.

I love your channel but this one was a little bit of nonsense. Did the study say 1% housing to AirBnB directly caused the 27% price increase in Lisbon or was it just a correlation? And how would you even prove that? 3 houses for sale on a street for $200k each and someone on the street lists their garage apartment on AirBnB. So, the next day those 3 houses are $254k? It's probably simpler than that. It's probably just high demand tourist neighborhoods are also high demand housing neighborhoods. I don't think it's fair to take a shot at AirBnB just because everyone can't afford to live anywhere, or is that your definition of "housing crisis"?

Let us know if you need videos of housing! Bay Area located

I kinda feel like Airbnb is gotten crazy expensive and I’d almost rather get a hotel room now.

I thought the object of home ownership was to own an appreciating asset. Airbnb is accelerating the the equity in these areas. Not to say that this could not be regulated possibly registering in each in a area, limiting area or zoining for them. They could also be used as a revitalization tool for distressed area if incentive to invest in undesirable areas.

How bout a 1 to 1 charity; for every rental, there's a home that we give to a homeless person … Should be able to house people pretty well .. idk what it would do to the economy but IDGAF .

As a resident of Prague, one of the most visited city in Europe, I can say the gentrification of the city centre is significant. For the locals it has essentially became a transportation hub and that's it.

Great video. There’s too much acceptance of the zero-sum paradigme we’re in

German cities found a number of ways to deal with the AirBnB problem. Most states in Germany have a "misappropriation prevention law" which allows cities to control the conversion of residential housing. In Berlin, you're only allowed to rent out 49 % of your flat (without a permit), in Munich you can only rent out for 8 weeks per year. There are also taxes and fees, as well as second home taxes. It may not be enough yet, but at least it's going in the right direction and the regulations are actually enforced.

0:24 Putting up the historical city centre of Paris as an example for missing high rises is a joke. This area has the highest density of residents in Paris, which again is the densest city in Europe, only topped by cities in Asia. Not even the high rise satellite cities of Paris are as dense as the centre, which must by the global pinacle of urbanism and quality of life. Nothing in North America comes even close. Central Paris is 100 % "missing middle" and as dense as can possibly be to offer a good quality of life.
There must be an upper limit to density. I know Parisians who love living in Paris but I have yet to meet a Hong Konger who likes living in their concrete jungle.

Finally, the only person with a correct Airbnb case.

Aha elucidated

Supply and demand is constantly being used to explain away the housing crisis and yet such a diagnosis completely glosses over the demand for rents on behalf of landlords. If you plopped down a handful of new apartment units into an area with rents going for, say $1500/mth, do you really believe that these new units will drive down rents? Nope. These new units would be rented at the market rate and anything below that would be a rent-gap (between what rents are and what rents could be) that the landlords would be willed into closing (Read: Capital City Gentrification and the Real Estate State by Samuel Stein for more on this.) When the “housing market” has gotten us into such trouble, why do we keep differing to it to work itself out… I don’t want to live in a commodity, I want to live in a community.

Monopoly landlords who own large sections of the housing market purposely keep units empty to drive up prices. As long as the working class does not dictate how many units are available to tenants and how many are available for travelers, without letting the private property owners decide instead, the 1% will continue using housing shortage to squeeze the working class into submission.

So, so much of the problem with housing these days is that there just isn't enough of it basically anywhere anyone wants to be. Especially in North America, where we like to pretend that we're countries of mostly rural living, it's imperative that we culturally come to terms with the fact that, like every other rich country, we're really a country of mostly urban living. Both the U.S. and Canada are just as urbanized as places like Japan, South Korea, and Taiwan, but we build housing both of a type and at a rate and quantity that suggests we think most Americans don't live in cities as we conceive of them. The numbers just don't bear that rural illusion out, and our metropolitan economies, national housing equilibrium, and transportation network inefficiencies (and correspondent carbon emissions) show how damaging it is.

Keep up the great work 👍

Hotels have more health and safety regulations they have to go through that AirBnb does not.

Are those expensive hotels even full? Limit them too if they arent, they take up too much space per person.

It totally does. Just look straight at Prince Edward County in Ontario Canada.

A little bit of nuance, short term housing doesn't necessarily mean short term renting. There are other ways to provide housing than just the rental model.

AirBnB should be BANNED in cities like NYC, Paris, Amsterdam etc that are very popular places that people want to live in and that can't just build more housing due to lack of space. I don't care if someone has an AirBnB in Houston, they also have tons of surface parking there so obviously AirBnB isn't the problem there. But as mentioned above, in Paris, Amsterdam and NYC it should be banned for sure.

The "parties happen at hotels too" when talking about loud Airbnb stays is just so bad. You call hotel staff and get them to address the issue. Meanwhile the Airbnb might be owned by a company that doesn't care because they got their money. Commercial space could be a hotel or a grocery store, another poor comparison. Airbnb is eating up areas zoned for residential. Liberals are so weird defending big business buying up housing and driving up costs.

This video is filled with so many inaccuracies, and simplistic neoliberal economic assumptions. Prices are determined by more than just supply and demand, and most economic processes are non-linear, so producing more/less of a particular good or service will not always result in a decrease/increase in price. This is a very well established fact, with both robust empirical data and mathematical models to support it. I also find it very interesting that in the context of zoning laws and building permits, neoliberals claim that cost is ENTIRELY driven by supply/demand, and that the solution to high costs is always to deregulated building codes and build more houses, but in the context of outsourcing and immigration, neoliberals literally make the complete opposite claim, and argue that immigration has no impact on demand and will not in any way contribute to higher cost of living or lower wages (i.e. lower cost of labor). How is it that supply/demand is the only variable at play when we're discussing zoning laws, building codes, and whether housing developers should do more building, but in the context of immigration and labor they take the opposite stance and claim that supply/demand literally has no effect?

From mid to the end of January I too have to do a short term rental until I can move into the rented apartment so I can do my internship.
In this case the area is more rural than urban, so short term rentals are likely less impactful.
Not just are they cheaper. In this particular case all hotels are down in the valley.
From the valley up it would be an average 10% climb over a mile with a bike. While not the end of the world for two weeks still worth avoiding.

You forgot to mention "party houses". They're a huge problem in my city (Atlanta).

So once again the answer is, zoning reform.

Before we bought our current home my wife and I lived in a duplex where we owned one side of it and the other had recently been turned into an Airbnb. This one time the guests were over there throwing their joint butts, still burning, into the nearby brush. We were horrified and Called the operator of the property immediately since a fire in their backyard would pretty much mean a fire in ours as well. People don’t treat short term rentals with the same respect they would treat their own home and it shows