Airbnb going the way of the dinosaur?

[John Park]

I have been exploring the possibility of Airbnb and short term rentals, but lately there has been a lot of discouraging news about cities really cracking down on Airbnb's short term rental model. San Francisco and Paris most recently, I think. It seems as if the powers that be, not only here in the US but worldwide really have a disdain for Airbnb. Might it not really be worth it to even hunt for a property for Airbnb seeing as the model may become a dinosaur in the not so distant future? Or am I misinterpreting the latest news about the business?