Airbnb is Driving Up Housing Costs in NYC
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Get the 5-minute newsletter keeping 2M+ innovators in the loop: https://thehustle.co/ In New York City, where the average one-bedroom apartment rents for ~$4.2k, officials say short-term rental platforms like Airbnb and Vrbo have driven up housing costs as superhosts have taken units off the market. NYC has been fighting back, and if the city’s latest crackdown works, we could see other in-demand cities follow suit. To read the full story, check out this link: https://clickhubspot.com/hv7