I want Airbnb to exist, but have become more convinced that it should be legislated—especially in areas where it suppresses local economies.https://twitter.com/paulg/status/853925105990340608 …
Surely you don't believe more of the money goes into the local economy when people rent a room from a hotel chain than from a local host?
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I don't think that's the important argument. Airbnb and hotels can and should fight tooth and nail as competitors.
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More important argument is that Airbnb imposes costs and externalities on others outside of the Airbnb transaction. http://john-joseph-horton.com/papers/airbnb.pdf …
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