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NYC Airbnb listings drop 80% after crackdown — but effort did not help hotels, housing: report

NYC Airbnb listings drop 80% after crackdown — but effort did not help hotels, housing: report

Airbnb rentals are down 80% following a crackdown by New York City, but it has only driven hotel prices up and shown little impact on improving housing affordability, according to a new report.

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