October 21, 2016
Home sharing companies in New York are allowing property owners to operate illegal hotels, driving up rents in neighborhoods across the City. It’s already hard enough for middle class New Yorkers to find an affordable place to live — we don’t need venture capitalists making the situation worse just to turn a profit. The most high-profile offender is Airbnb, a multi-billion dollar company that enables shadow landlords to rent multiple apartments in a single building, a practice that is against New York law…
Source: http://www.nydailynews.com/opinion/james-mckee-airbnb-disease-cure-article-1.2838950
Menu