Anti-Airbnb Regulations “Decimating” B&B Industry in New York
When passing new laws regulating business, rarely do policymakers consider the unintended consequences. But they are always present. In this case, it has to do with a 2011 New York law aimed at regulating Airbnb—the service that allows people to rent out living spaces on a night-by-night basis as a sort of bed and breakfast—hence...