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- New York’s Airbnb Crackdown, in Force for Two Years, Hasn’t Improved Housing Supply - The Wall Street Journal
New York’s Airbnb Crackdown, in Force for Two Years, Hasn’t Improved Housing Supply - The Wall Street Journal
Summary
Two years after New York City's strict Airbnb regulations took effect, housing supply hasn't improved, according to a recent Wall Street Journal article. This suggests the crackdown may not be achieving its intended goal of increasing long-term housing availability, raising questions about the effectiveness of similar regulations. The article's findings highlight potential unintended consequences for the short-term rental market.
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