&gt; Or some type of regulatory change will occur that makes airbnb untenable.<p>That would be a good thing but I think that it may be quite a while before a synchronized legal framework will materialize and the money is such that it will drive such rentals underground.<p>AirBNB is the talk of the town in Amsterdam, whole buildings are converted into illegal hotels (and are fire-traps to boot). There is a huge divide imo between people using AirBNB to rent out the place they normally occupy versus people setting up places with the sole intention of renting them out via AirBNB, bookings.com (which is quite popular) and the like.<p>The city of Amsterdam has stopped issuing permits allowing &#x27;short stay&#x27; (which still has to be 7 days or more).<p><a href="https:&#x2F;&#x2F;www.amsterdam.nl&#x2F;veelgevraagd&#x2F;?caseid={BF4EAC6B-F642-448A-8250-6B77AE7B0843}" rel="nofollow">https:&#x2F;&#x2F;www.amsterdam.nl&#x2F;veelgevraagd&#x2F;?caseid={BF4EAC6B-F642...</a> (dutch, sorry, I can&#x27;t find a relevant link in English).<p>That doesn&#x27;t stop people from buying up stacks of houses and converting them. One such situation with which I&#x27;m familiar converted two stacks right next to each other, 5 floors each into 20 (front and back) sections each of which fetches between 100 and 150 euros per night on AirBNB. The money involved is stupendous and the municipality has more things to do than to go after illegal hotels though they will definitely act if a situation is deemed unsafe.