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Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
New York politicians’ attacks on Airbnb are now getting national press; they argue that because Airbnb units could be used for long-term rentals, Airbnb reduces the housing supply and thus raises rents. But just as a matter of principle, this claim leads to absurd results. The logic underlying the claim is: a housing unit that is used for short-term rentals such as Airbnb could be easily used for long-term rentals. Thus, Airbnb reduces the long-term housing supply. But this argument proves too much. If you own a house, your house could also be used for long-term rentals. If you have a spare room, you could rent out that spare room. And even if you rent out every room in the house, your house sits on land that could be used for a much larger number of rental units. Since there are far more single-family houses than there are Airbnb units, bulldozing every house in the city would increase housing supply to a much greater extent than would outlawing Airbnb. Does this mean the city should bulldoze your house to build more rental housing?
New York politicians’ attacks on Airbnb are now getting national press; they argue that because Airbnb units could be used for long-term rentals, Airbnb reduces the housing supply and thus raises rents.
But just as a matter of principle, this claim leads to absurd results. The logic underlying the claim is: a housing unit that is used for short-term rentals such as Airbnb could be easily used for long-term rentals. Thus, Airbnb reduces the long-term housing supply.
But this argument proves too much. If you own a house, your house could also be used for long-term rentals. If you have a spare room, you could rent out that spare room. And even if you rent out every room in the house, your house sits on land that could be used for a much larger number of rental units. Since there are far more single-family houses than there are Airbnb units, bulldozing every house in the city would increase housing supply to a much greater extent than would outlawing Airbnb. Does this mean the city should bulldoze your house to build more rental housing?