Comments by "Me, Myself and I" (@me-myself-i787) on "Adam Something"
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Well, if people would rather come there on holiday instead of living there long-term, they should be allowed to do that without government interference.
Restricting the supply of hotels and requiring other apartments to rent out long-term lowers the number of tourists who can come to the city and unfairly favours people who want to live there long-term.
The only reason short-term rentals are more profitable than long-term ones is because the government artificially restricts their supply. Allowing more hotels to be built would lower hotel costs.
Increased short-term rentals don't artificially raise prices for locals; they naturally raise long-term rental prices and decrease short-term rental prices so that locals pay about the same amount as tourists.
Of course, unwanted behaviour such as drunkenness and loud noises should be prohibited in public places. (And no, grocery stores, pubs, and restaurants are not public places. The owner has the right to allow drunk people, beggars and other unwanted behaviour if they do choose, as long as those people don't enter public areas (and in the case of noise, the building must be soundproofed).)
Locals need to stop acting so entitled. It's not their city. They don't own the place. The city belongs to the landowners, and they have the right to do whatever they want with their land. And that includes evicting locals and renting it out to tourists.
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