Constantly amazed by how many people rock up here, like clockwork, to defend an the unlimited take on this business model: "Oh, it's just the hotel industry that hates this", "If only we just built like crazy Airbnb wouldn't be a problem". Riiiight, all we need to do is live in unregulated megacities and the magic of the market will deliver.

Here's the thing: a lot of people out there bought homes and apartments in countries that had these funny things called 'laws', where they expected that they were going to live in communities, not surrounded by rentiers running random hotels sans staff and regulation. A lot of apartment buildings in Sydney are essentially now completely fucked by this - you buy an apartment and find out you're living in party central and your neighbours are a never-ending collection of randos.

I think it's pretty clear from the extent that these companies go to obfuscate the actual addresses of the houses that they are not working with clean hands here. That aspect of the business model should be flat out illegal. Oh, you're going to operate a hotel, but you're not going to tell anyone where it is?