Earlier quoted context omitted.
That is very much a rich person's answer. It's certainly "more efficient" for the wealthy if they can drive poorer people from their homes when the rich find it convenient. But that's not what it feels like if you're on the other end of it.
if the demand for property in an area grows, the poor is going to get priced out no matter what. Whether it's airbnb doing it, or some other factor (like tech investment money or something to such an effect). The problem to solve isn't to stop airbnb from working, but to increase the opportunity for the poor to get out of poverty. Otherwise, the next airbnb-like disruption will cause the exact same problem for the po…
There are always going to be people who can't afford to live somewhere (particularly major world cities attractive to tourists) and just above them, there are always going to be people barely afford to live somewhere.
We can and should lift the currently housing-insecure to comfortable homeownership, but just as many housing-insecure people will rise from the previously totally-priced-out to take their place.