New York's state attorney general is apparently planning a crackdown on Airbnb claiming that they break zoning and other laws. Those on their side say it empowers people and threatens greedy monopolies. NY Times says "real estate is often viewed as a blood sport."
As Arthur Brooks writes in an op-ed for the NY Times:
"Nobody wants zero regulation, and every company should follow the law. But policy should begin with admiration for new ways that citizens can build their lives, not with hostility to profits or the impulse to protect entrenched industries.
"[E]ntrepreneurs who want to empower ordinary people and government officials who welcome novel industries as opportunities to evolve instead of nuisances to be squashed . . " all can work for the common good. "We just need to ask if what we are doing truly lifts others up."
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