But turning half the units in that tall building full of dense housing into short-term lets that are a nuisance to the people who actually live there is okay in your book? Because, as you say, objecting to that would be "NIMBY".
Airbnb is way more profitable than conventional letting. Why would anyone offer stable leases to poor people when they can rent out the whole place for higher rates?
In some parts of my country, it is becoming functionality impossible for families to rent a property for a stable term, because landlords want properties vacant over the holidays for short-term lets.
But you think unregulated AirBnB is somehow a positive for housing?
I tell a lie. There is, in fact, an excellent case study for what happens without zoning laws. Houston.
Let's take a look at that:
Houston Derided as the Worst City in America in New Rankings https://www.papercitymag.com/culture/houston-worst-city-in-america-new-rankings-boston-2nd-worst
Houston among U.S. cities with worst air pollution, study finds, with minority areas hit the hardest https://www.houstonchronicle.com/news/houston-texas/trending/article/cities-with-worst-air-quality-houston-pollution-17829505.php
Stats Reveal Truth About Houston's Housing Crisis https://www.texasobserver.org/houston-is-hailed-as-a-national-success-for-fighting-homelessness-but-the-reality-isnt-quite-as-rosy/
Houston’s Affordable Housing Problem Is Going To Intensify https://itexgrp.com/houstons-affordable-housing-problem-is-going-to-intensify
Houston, San Antonio and Dallas among cities with the most housing problems https://voz.us/houston-san-antonio-and-dallas-among-cities-with-the-most-housing-problems
Houston 1 of 4 cities with worst housing availability https://news.yahoo.com/houston-1-4-cities-worst-010144144.html