Will housing prices go down with fewer short-term renters around?
It's unclear whether reducing the number of short-term rentals will free up housing for city residents.
The explosion of short-term rentals has exacerbated the city's housing crisis.
Loyal users of the companies say they didn't try hard enough to acquire users in addition to making basic missteps.
Lori and Bruce Howard recently cashed in on tourist lodging they built together near Yosemite National Park.
“I do think we’re popularizing or accelerating a trend,” Chesky said of Airbnb's decision to make its workforce fully remote.
Remote work allowed young professional Nataliea Abramowitz to sample life in eight states over about eight months.
Locals who live near national parks, like Joshua Tree, are seeing more and more housing stock become lucrative short-term rentals.
Where once the company fought regulations, now its pre-empting them with its own policies designed to curb bad behavior by renters.
Some locals are upset with tourists causing disruptions in normally quiet neighborhoods.