The Human Cost: New York City Airbnb hosts cancel guests due to new short-term rental laws, leaving them high and dry

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New rules curbing short-term rentals went into effect this week in New York City. But the stricter laws have left some travelers scrambling due to last-minute cancellations.

A new ordinance 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…

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

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