Yeah, in that case, all the long term residents living in popular cities must be insane to hate Airbnb. Have lived in a city and a building infested with Airbnbs? If you did, you would how fucked up it is for a long term renter.
This drives up prices for locals.
The other tenants are mad because landlords prefer renting apartments to tourists for 5k a month instead of renting to locals for 1k a month.
If people just rented out their guest room, or rented their apartment out while they're on vacation, I don't think anybody would complain.
If this is happening it's because your city has a massive shortage of short-term rental properties. If you can make $5k a month then people should be building those properties left and right since it's so profitable -- but what most likely happened is that your city passed rules effectively prohibiting that construction, so now there's an arbitrage opportunity by converting long-term rentals to short-term rentals.
You should direct your anger at your local government for doing nothing to address the high short-term rental demand, because if they did then that wouldn't happen. And the same rules tend to restrict the availability of long-term rentals as well, which means that they were causing your rent to be higher than necessary even before people started converting neighboring units.
Yes, so what? Why should a tourist be forced to pay more than a "local" (who might nonetheless move out of town at a moment's notice) for what boils down to the exact same service?
I actually think cities tend to overregulate Airbnb (and housing construction), but if your model of housing policy can't tell the difference between a tourist and a resident, it's woefully incomplete.
And luckily these affordable car transportations don't drive around the city empty most of the time, causing huge traffic congestion.
And if it still comes out cheaper it’s for a reason e.g. no security, no housekeeping, no amenities, no one to help you.
Why is this a bad thing? It's just unbundling security and housekeeping and lowering the price correspondingly. If you want the full-service option hotels still exist
And like I said in a lot of places an Airbnb is not actually cheaper than a hotel, so in that case you’re getting ripped off because you pay the same price as a hotel without any of the benefits a hotel provides.
I can’t be happy “living like a local” when I’m wondering in the back of my mind if the apartment I’m staying at was illegally turned into a hotel (most likely yes) and getting dirty stares from the neighbors that actually live there.
Somehow -- honestly, I'm unclear on how -- they survive.