Earlier quoted context omitted.
No, sorry. AirBnB is creating immense problems in tourist destinations, to the point where people in major cities in Greece (and other countries) are having trouble finding affordable permanent housing. Barcelona and Rome are overrun with tourists, and it's killing the cities. AirBnB should just go away, the market worked very well before it, even if things were a bit more expensive.
This sounds like those cities do not have an educated/skilled workforce. Sure there are spots near the Roman forum you would expect to have lots of tourists(basically inside the Aurellian walls). But outside of that its a 20+ minute drive for a tourist to popular areas. If a 50$ airbnb is beating out a $1,000/mo rent its because people cannot afford $1000 in rent. We host an airbnb ourselves, lots of business travele…
The problem is that Airbnb will charge maybe 80-120 euros a night for an apartment depending on size, location etc. And I am paying 750 euros a month.
So a landlord can make more money from a week of Airbnb than a month of normal rental.
In the three years I have been here the rents have risen probably 15% or so - it means even with promotions and pay rises you just keep up.
Ironically London also has an insane rental market so moving back wouldn't help much...