New York City’s 'De Facto Ban' on Airbnb

Airbnb listings in New York City are disappearing as the city cracks down on short-term rentals as a way to address its housing shortage. As of today, it will now enforce some of the toughest laws in the nation around short-term rentals. WSJ's Allison Pohle unpacks what's happening and why other big cities are taking note. Further Reading: -Airbnb Hosts and Guests Scramble as New York Begins Crackdown  -Airbnb Fights New NYC Short-Term Rental Requirements  Further Listening: -Why Airbnb is Letting Employees Work Anywhere  -How Airbnb Deals With Crime  Learn more about your ad choices. Visit megaphone.fm/adchoices