Real Estate

In Boston, Airbnb tasked with removing thousands of illegal listings


Boston, Massachusetts

Sean Pavone | Getty Images

Airbnb is eyeing a major IPO next year, but this year it faces escalating regulation in cities across the country.

The home-sharing company had to comply on Sunday with strict new regulations in Boston that require hosts to register their listings with the city. Boston’s regulations are designed to ban so-called investor units, or properties meant to be residential that are exclusively or primarily used for short-term housing. Such units, lawmakers say, inflate the housing market and drive out long-term residents.

The city’s crackdown on Airbnb listings comes amid a wave of similar laws proposed in cities around the world. Such regulations…


If there’s another December market plunge, here’s where you can hide

Previous article

Without deal, he may not ‘want to be around equities’

Next article

You may also like

Leave a Reply

Notify of

More in Real Estate