It doesn't matter about short term rentals or not. I'm convinced a lot of that is a tax scheme to get around hotel taxes which are high because it's out of Towners.

The reason they buy it as investors is because the supply is not meeting demand so prices will rise. The big investors literally put in their sheets they love NIMBYs.

Add enough housing so that investors lose money. IMO the investor talk is because people don't like the idea that it's the people around them who are raising prices.