> You're completely missing the real problem with this. It's not just that short-term rentals bring in transients, keeping the housing unit available for short-term rentals displaces long-term residents who would have ties with the neighborhood, and in the best case of owner-occupied not just ties, but pride in ownership and a vested interest in maintaining both good relationships with the neighborhood and good working order of their property.

Didn't they cover that with item #1: "1. Reduces housing supply"? I don't think they missed it.