‘We’re in a housing desert’: a month in, is New York’s Airbnb crackdown working?

A new law puts strict limits on how hosts use the site in the city. What does it mean for residents and tourists?

It was once a popular way to visit New York City: book someone else's entire apartment for a few hundred dollars a night on a site like Airbnb, and briefly play resident in America's most expensive metropolis.

In a city where one in three renters spend nearly half their income on rent and lines for apartment viewings snake around the block, the practice infuriated tenants struggling to find housing.