I own two short term rentals, and I’m buying a third this year after I sell my conventional rental. I provide a vacation experience superior to a hotel or resort. People express gratitude for the service I provide them. I imagine you would like me to feel remorse over the problems you imagine I create. Don’t hold your breath.

If owners like me add to housing demand, home builders will provide more, which is how markets work. If we had more houses, we wouldn’t have problems with house prices rising faster than wages. This isn’t a demand problem as you suggest but a supply problem that could be corrected.