A new study of Airbnb paints an ugly picture of the company’s impact on New York City housing
For anyone who knows their city well, it’s easy to see that the short-term rental boom spurred by Airbnb’s massive popularity is changing things. Figuring out what exactly is changing and how quickly is trickier. In New York, those changes have kept Airbnb and city regulators engaged in a multi-year war over what’s really good for the city.
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