I live in Spain. I'll give you an interesting example I've witnessed.
Two of my neighbors rent seasonally on airbnb. Middle class women, one of them a widow. I assume they used to make a tidy profit. I believe they worked quite hard on making those houses pretty, and I've seen they had good reviews.
Just now their license to operate has been denied, apparently without much explanation (I believe the Property Registry is making the decision, this is a bureaucratic body of state employees, not democratically elected).
Across the street lies a hotel, a true tourist trap. They have a 6/10 rating on booking and rely on scamming British tourists, whom you can see balancing drunk on their balconies daily. It's owned by a national conglomerate.
As you may guess, as of now the airbnbs are closed and the hotel is thriving despite only bringing the worst kind of tourist to the community.
An astute observer will note that the hotel industry is one of the biggest lobbyists supporting the current government at a national level.
I am not one to defend big companies, but for some people here Airbnb was freedom. Now they have to go work cleaning rooms or just collect retirement checks, as obtaining a license to run a hotel is impossible without political connections / corruption.
My point is, not everywhere are laws as fair as in the United States.
Before someone talks about housing pressure, this is a relatively out of the way area where 40% of houses sit empty most of the year.