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Don't Blame AirBnb for New York City's High Rents: New at Reason

AirBnb has made for a convenient scapegoat for New York City's long standing problem of high rents. Allie Howell and Jared Meyer write: The mayor's desire to take action [on high rent] is warranted, as New Yorkers spend nearly two-thirds of their income on housing. While de Blasio has identified a real problem, his preferred solutions will not work. His commitment to failed policies and rejection of new solutions will only exacerbate the housing crises.
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