Why New York Hates Airbnb

New York is the obvious business case for a service such as Airbnb: a dense city where a lot of people want to visit, and hotel rooms are limited in number. Youâ??ve got a population of educated professionals who travel a lot, leaving their apartments empty. Youâ??ve got insane housing costs in desirable areas, leaving renters open to making a few extra bucks on their abode. Unsurprisingly, almost 30,000 NYC units are available on the site.