2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP503: The Story of Airbnb and Brian Chesky

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Airbnb's Legality in New York City

In late 2013, New York City started to crack down on what some would call illegal hotels. Airbnb has long said that they don't want corporate profiteers taking advantage of their platform. The hotel's argument would be that allowing individuals to rent out housing units further worsens the problem of affordable housing in New York City.

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