I think the big losers here, outside of hotels, are renters. As someone who is trying to rent/buy in popular areas of the country (Cambridge, UK), I can see how houses will no longer come up for rent - which sucks, as the article points out.
I guess there could (hopefully) be a point where there are so many professionally rented homes that it no longer represents such an attractive proposition and the first movers enjoying these fat years of high revenues eventually lose out.
Either that, or Airbnb will become the new way to rent, who knows...