August 13, 2016
Airbnb hosts in New York had better hope that Ashton Kutcher and Peter Thiel’s letter to Governor Andrew Cuomo works in its favor, otherwise the rental giant may be looking at a similar fate to hosts in Barcelona. The regulatory nightmare that is Airbnb was dealt another blow this week, as authorities in Barcelona began cracking down on homes that were illegally rented out, removing them from listings and levying fines. And officials say that if the unauthorized rentals don’t end, companies can expect to be hit in the wallet again….