New York, USA - October 26, 2008: The New York Stock Exchange building on Wall Street in Manhattan.
Crackdown on Airbnb Listings Creates “Black Market” for Short-Term Rentals in New York City (Source: WIRED)
New York City’s new law banning most short-term Airbnb rentals, which came into effect in early September, has had a significant impact on the market. As few as 2 percent…