April 13, 2017

…New York meanwhile introduced legislation allowing the state to fine Airbnb hosts for listing properties for terms less than 30 days if a permanent resident will not be present. “Our analysis suggests it is likely that regulation is having a negative impact on the supply and demand growth of Airbnb, especially in New York and Barcelona. Both cities showed year-on-year declines in available listing nights of around 10 percent in Feb 2017,” UBS said in its note…

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