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Stock impact report

How conservative ‘property rights’ groups are battling cities’ Airbnb rules [The Verge]

New York Times Company (The) (NYT) 
Last new york times company (the) earnings: 2/6 07:00 am Check Earnings Report
Company Research Source: The Verge
Visitors to Miami Beach come to party, Commissioner John Alemán says. They get wasted, they make noise, and, in the eyes of some residents, cause a nuisance. For years, Miami Beach has had a law on the books that bans homeowners from renting a property for less than six months, known as a short-term rental, except in certain parts of the city. But since 2008, home-sharing platforms like Airbnb have created an enormous incentive to rent out homes, and, according to Alemán, families in once-quiet residential-zoned neighborhoods have recently been confronted with severe noise problems by homeowners flouting regulation and renting out their properties. Though she would not identify the company by name, Alemán says she met in her office with “the largest home-sharing platform” and offered to work with them to ensure only listings in permitted areas were advertised on the site. The company declined the offer, Alemán says. (Airbnb, the most likely candidate for “the largest home-shar Show less Read more
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