NYC shuttered 80% of its Airbnbs in an attempt to make housing more affordable. All that’s done so far is make hotels more expensive.

Last September, New York City began enforcing its strict new regulations on short-term rentals. Since then, the number of legal short-term rentals listed on Airbnb and other platforms has plummeted. Less than a year into the city’s policy, known as Local Law 18, it’s not clear whether the near-ban …

This post was originally published on this site

Marketing block

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Sign Up for Updates

Get the latest stock market news from Phil by signing up for our newsletter!

By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

NYC shuttered 80% of its Airbnbs in an attempt to make housing more affordable. All that’s done so far is make hotels more expensive.

Marketing block

Recent Posts

Media Consolidation

What does 2025 hold for interest rates, inflation and the American consumer?

The Future of Syria and Turkey’s Role

Killing the budget bill let China off the hook (shared)

Ranked: The World’s 10 Largest Companies by Revenue

Microsoft Bundling Practices Focus of Federal Antitrust Probe

Sign Up for Updates