Do you have any evidence to back up that claim? Because hard data shows exactly the opposite: https://www.bls.gov/opub/mlr/2018/beyond-bls/how-airbnb-has-...
You also haven’t provided any evidence to back up your claim. I’d be curious to read it, if it exists.
Studies into various markets have shown that AirBnB increases rent for residents by converting long term rentals to short term rentals, reducing housing supply. The question is whether or not the increased tourism offsets the damage caused to the housing market. Studies point towards the answer being “no”.
Source: https://www.epi.org/files/pdf/157766.pdf
This is not an out there theory on my part; the name for this is the “AirBnB effect”, and searching for that shows articles in Forbes, EPI (linked), the Guardian, The Harvard Business Review, among others.
The EPI thinktank report you linked to simply states the costs outweigh the benefits without any numbers to support that conclusion. This paper, on the other hand, does look at the numbers. I appreciate the reference, however.