2.4 Billion $ Regulation Fail

Summary

This video discusses a study commissioned by Airbnb that found that NYC, Boston, Philly, and New Orleans lost a combined $2.4 billion in estimated economic activity trying to crack down on Airbnb regulations, which ultimately backfired, harming the local economy and tourism without solving the housing affordability problem. The speaker advises real estate investors to invest where Airbnbs are protected rather than punished.