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The End of Airbnb in New York
(www.wired.com)
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this post was submitted on 08 Sep 2023
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This doesn't need to immediately lower housing costs to have a positive impact.
Hypothetical numbers... If housing was going to go up 5% in the next year and this change causes that to go down to a 1% increase, it will have made things better. Of course, we'd all like to just go straight to lowered housing costs. But individual changes can still do good and bring us towards that goal without strictly accomplishing it.