I'm also guessing, based on this and other posts, that you're a landlord who very likely benefits from rising rental costs.
Tell me, how much money does the government make on any of the things I mentioned? On reselling pre- and newly post-construction condos? On AirBNB hoteliers? On vacant properties? On foreign ownership? Not a whole heck of a lot. And how much do any of those things help keep housing prices down (hint: they don't).
I didn't say anything about banning AirBNB. I said banning AirBNB-only apartments. Current AirBNB operations are for the most part, not even in the spirit of the website itself — that is to rent out your lived-in apartment while you're away. It was not set up to make people rich becoming micro-hoteliers. At this point though, AirBNB aren't about to stop what is now a major source of income for them, so someone should.
"Incentivize" how exactly? Toss money at them to do that? Where does *that* money come from if not from taxes? We've "incentivized" businesses for decades with subsidies. At the same time, those same businesses have pushed to lower taxes at every opportunity. It hasn't worked. Howabout instead of giving money to the businesses, we use it for the people instead, and make business pay its fair share in taxes?
How well has that worked for the outer four boroughs once Manhattan got crowded? Everything got more expensive. It's just induced demand, not equalization.