This is going to happen in most cities; it has to, because the pendulum has swung too far from "abusive regulation" to "abusive lack of regulation".
People like to invoke the evil "hotel lobby", which I'm sure does exist!, but it is not even a little bit hard to find loud, angry citizens complaining. Those complaints are entirely predictable: people buy or rent residences in buildings expecting those buildings to be inhabited by long-term residents, then some part of the building gets converted to a hotel. People aren't OK with that.
There are also places where vibrant short-term rental markets may exacerbate tight housing markets.
I've had nothing but good Airbnb experiences, in SFBA, NYC, and London. I hope Airbnb works this out. But they don't really hold all the cards here.
People like to invoke the evil "hotel lobby", which I'm sure does exist!, but it is not even a little bit hard to find loud, angry citizens complaining. Those complaints are entirely predictable: people buy or rent residences in buildings expecting those buildings to be inhabited by long-term residents, then some part of the building gets converted to a hotel. People aren't OK with that.
There are also places where vibrant short-term rental markets may exacerbate tight housing markets.
I've had nothing but good Airbnb experiences, in SFBA, NYC, and London. I hope Airbnb works this out. But they don't really hold all the cards here.