When I first moved to New York, I spent weeks living in an AirBnB place before finding a real apartment. Same thing when I moved to London. I could have found a place via other means (Craigslist, or pay tons of money to some real estate agent) but this was much better.

This will inhibit mobility and hurt newcomers to the city, especially in the young technology/creative classes. But what sort of politician would actually care, as long as they're not politically active in our jurisdiction yet, am I right?