Keaton Miller(@millersdrafts ):@mattyglesias @john_morehouse7 @Brett_Garcia_ Intuition here is that traditional hospitality industry/zoning rules keep externalities of tourists away from long-term residents, so positive effects dominate. Short-term rentals distribute externalities to places where part of value of residency is "peace and quiet."

Keaton Miller

@millersdrafts

Assistant Professor of Economics at the University of Oregon. Climber. Burner. Opinions are my own.

Joined March 2009

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Keaton Miller@millersdrafts

2021.09.23 19:13

@mattyglesias @john_morehouse7 @Brett_Garcia_ Intuition here is that traditional hospitality industry/zoning rules keep externalities of tourists away from long-term residents, so positive effects dominate. Short-term rentals distribute externalities to places where part of value of residency is "peace and quiet."