John Stossel on New York's War Against Airbnb and Roomorama
New York recently passed a law making it very difficult for people to offer short-term rentals via popular websites like Airbnb and Roomorama, which connect room-owners and room-renters. New Yorkers could be fined $25,000 if they rent to tourists through those services. This is ridiculous, argues John Stossel, because there's no need for authoritarian governments to ban consenting adults from renting to each other.