You can blame some conspiracy theory involving politicians colluding to trick their constituents, or you can listen to the lived experiences of residents in Jersey City that have to live next to nuisance short-term rentals.
Parties all night during the week, drunk people trying to enter the wrong apartments at 3AM, arguments between loud tourists in your once quiet building, and somehow sleeping 10 people in a two bedroom apartment.
I don't blame residents for not wanting to live and work around that everyday. Most people don't want to live in flop houses.