Party house?

I think the idea of having a "party house" on AirBnB is ok, provided it's in an area where these sorts of things are ok.
While I don't buy into the BS that doing short term rentals ruins a neighborhood--we all have wonderful guests who really cherish staying where people live and they are just like having any friend or relative in the neighborhood I think there is a place for the party pad.

If, for example, a fraternity listed their house on AirBnB during the summer to make money which would lower the cost of living for the students during the school year, this would be a great thing. Typically these houses are in a "fraternity row" which is separate and apart from normal residences and they're usually built for and spaced for noise.

but, just as someone doesn't want a fraternity at the end of a cul de sac, having the right space for the right activity makes sense.

So, I agree this guy in Austin chose the wrong house for listing this kind of activity but I don't think he's wrong for recognising there is a demand for party pads--he just need to trade this one for a more appropriate one in the right neighborhood.