In my city (Amsterdam), most of the apartment buildings that are popular for short term rental have no more than 3 to 6 apartments. I know all my neighbors. They don't change all the time.

In that context it's extremely invasive to suddenly have strangers in your building.

Luckily I have good contact with all my neighbors, two of them rent out their apartments regularly, but also live there part of the year. But often apartments are owned by people who just own the property and don't give a fuck about the people that live there.

Unregulated, AirBnB would ruin the quality of living for many people.