Over the past few years, there has been a surge in the size and importance of the digital sharing economy. The short-term home rental ecosystem in particular has seen explosive growth.1 A leader in the space, Airbnb has rapidly grown to be one of the most successful of the new sharing economy companies. Founded just…
Tag: Sharing Economy
NYC Short-Term Rental Regulations Cause Problems for Airbnb, but May Benefit Renters
On October 21, 2016, New York governor Andrew Cuomo signed into law new restrictions on short-term apartment rentals.1 The restrictions have dire implications for companies like Airbnb and other home-sharing websites. It is now illegal in New York City to advertise your entire home or apartment on Airbnb for less than 30 days.2 The rule…
Some People Are Calling Airbnb Racist – And The Company Is Responding
Applying Old Laws to New Problems If you’re renting out a room in your apartment or giving someone a ride in your car, are you legally obligated to abide by the same anti-discrimination rules that businesses must observe? The answer isn’t crystal clear for millennial-preferred services such as Uber, Lyft, and Airbnb that have…