The entire impact of AirBnB + all housing built in the last decade does not offset the last half decade of population growth.
Your retort here simply isn't logical.
10k doesn't fully offset 100k but it's a significant chunk of it, and when supply gets so compressed as to become inelastic, a 10k amelioration (that is also prevented from creeping up to 15k or 20k within a few years) can be quite significant. Plus certain districts are obviously impacted disproportionately compared to others by not just the reduction in housing available but the sheer foot traffic and other blight that comes along with a lopsided rise in tourist accommodations.
Your retort here simply isn't logical.
10k doesn't fully offset 100k but it's a significant chunk of it, and when supply gets so compressed as to become inelastic, a 10k amelioration (that is also prevented from creeping up to 15k or 20k within a few years) can be quite significant. Plus certain districts are obviously impacted disproportionately compared to others by not just the reduction in housing available but the sheer foot traffic and other blight that comes along with a lopsided rise in tourist accommodations.