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Airbnb May Not Be Good for Hotels, but It’s a Boon for Everyone Else
Toni-Anne BarryCities, counties, and states waging a war against short-term rentals by imposing hefty fines and burdensome regulations on hosts and booking platforms, such as Airbnb and VRBO, should reconsider their heavy-handed approach. A new working paper published by the National Bureau of Economic Research finds that the presence of alternative lodging options financially benefits travelers,…

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