All true, but the power of persistent online reputations can mitigate these negatives better than inflexible 20th-century-style regulations.
Further, with the overlay of a giant social network, you can rent your spot out only to people with whom you share some indirect but useful level of acquaintance. So you can ask before renting: "Is Mr. X an inconsiderate ass?" And Mr. X knows bad behavior can affect their reputation moreso than just via a semi-anonymous blurb on a website.