There is issues of locals being &#x27;displaced&#x27; in places like NYC because it often is more profitable for landlords to rent on Airbnb rather than rent traditionally. The real big deal is tenants have lots of rights whereas transients do not, so it creates even more incentives to ditch the locals in favor of Airbnb guests.<p>Then you can argue &quot;why shouldn&#x27;t NYC turn into a city of transients?&quot; Which is probably more of a personal opinion if that is &quot;wrong&quot; or not.<p>To the GP:<p>The other thing to mention is in the US housing regulations are incredibly local so you&#x27;re going to find a huge difference in different cities in how regulated rentals are. You will read online mostly about NYC of SF which have their unique problems.