Originally Posted by
dannie
Constructively? I'd say it depends on what they do. For example, our last two trips to Tokyo, we did airbnb for about 50 bucks a night and it was perfect. Fast forward to this week when I am looking to book Tokyo again and all of a sudden, the prices are 200-300 a night and 1/4 of the homes that there was in the summer. The way that they regulated, seems to have ran most of them out of business. So, really - it didnt create jobs, passive income for owners or aggressive income for the multi unit holders.
In our economy, I think it's great that people have found a side hustle or full time hustle to keep them going.
If the city takes on the regulation the way tokyo did, there is no benefits to anyone