Airbnb's struggle with New York's Local Law 18 has stirred debate, emphasizing the tension between regulations aimed at protecting housing and the platform's commercial interests.
According to Theo Yedinsky from Airbnb, the high rents and low housing availability in NYC post-law indicate that the legislative intentions are failing, raising the need for reforms.
The original law's strict regulations create significant limitations for popular short-term rental platforms, raising questions about the law's effectiveness in achieving its intended goals.
Collection
[
|
...
]