New York City cracks down on Airbnb and other short-term-rental listings

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Traveling to New York City? Be warned: Renting an Airbnb is going to get a lot harder.

A new ordinance that went into effect Tuesday requires all short-term-rental hosts to be registered with the city, live in the place they are renting, be present when someone is staying, and host only two guests at once. 

The rule — titled Local Law 18 —…

This article was originally published by Marketwatch.com. Read the original article here.

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