New York entrepreneurs may find it tougher to earn from short term rentals in the future. A new bill, if passed, would impose stiff penalties for advertising short-term rentals.
Since its founding in 2008, home-sharing site Airbnb has made it easier and safer for people to search for and find short term rentals in homes, condos and apartments. The site revolutionized the concept of finding a place to stay when vacationing or traveling.
New York Cracks Down on Short Term Rentals and Airbnb
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