Ford School professor and economist, Betsey Stevenson discussed what she thinks about the impact of Airbnb's and other short term rental and their impact on the Michigan housing market. Stevenson, suggested her own solution to the problem, "If you want fewer tourists, tax them! If you tax them you make it more expensive for them to come into the city and then also guess what you get, you get revenue!" She has made it clear she thinks banning Airbnb's will lead to an increase in hotels and not solve the housing shortage.
