Another aspect of Airbnb is that it makes everywhere the same as far as interior decor goes. Traditional rent seeking landlords spend $0.00 on things like paint, carpets and fixtures, preserving places in some rotten state of decay as long term tenants are not going to be spending their money on such things even if they are living there for many years. There is no reason for them to do so and with landlords extorting as much from their properties as possible the tenants do not have surplus income to improve their dwellings even if they should want to do so.

Airbnb transformed that, the rent seeking class can now get income on their properties without having to put up with long term tenants. However they do have to spend money on the property fixtures, which can be paid for with debt, debt that is 'secured' by the property.

As a consequence there is a particular Airbnb style, it is a global style influenced by upmarket hotels and the faceless luxury decor you get with them. This might work out nicely for the rent seeker and the guest, however it means character is lost. The property becomes bland Airbnb which can't be transformed back to vernacular.

When the rent seeker eventually sells up and a new buyer is sought then the house does go on the market. It has its price and sells fine with its identikit Airbnb fixtures. However some people don't want to live in one of these ex-Airbnb places, they might have wanted mid-century modern or Victorian or whatever else the property should have, i.e. actual character befitting the area and not the internet.