Are Airbnb bans actually hurting renters, homebuyers, and your local economy?

[Michael Calvey]

For years, there have been claims that take away housing supply from renters and homebuyers and, as a result, inflate rents and home prices in nearby areas. But new data is saying something very, very different.

Taylor Marr, Senior Housing Economist at Airbnb, chatted about how Airbnbs affect the economy, affordability, and housing supply. https://www.biggerpockets.com/blog/real-estate-1008

[Nathan Gesner]

There are approximately 2.5 million vacation homes in America.

Conservative estimates say we have 11 million illegal immigrants in America. If illegal immigrants averaged four people per home, they are still occupying an estimated 2.75 million homes. The rentals occupied by illegal immigrants are located in areas where the working class, not vacationers, needs housing. Closing the border (aka: upholding the laws of our country) would have a more significant impact on the housing market than stopping vacation rentals.