Airbnb wows Wall Street with spectacular US stock exchange debut
Airbnb more than doubled its share price as soon as it began trading on the Nasdaq, which is pretty bloody good for a company that is still yet to turn an annual profit.
NSW introduces strict new laws to regulate short-term rental market
The new laws include a ‘three strikes and you’re out’ approach for irresponsible hosts. However, that’s not to say they will be forced to wield baseball bats or chew tobacco.
NSW government cracks down on Airbnb with new owner limits
by Laine Fullerton
We feel just as defeated as the apartment investors reading this story, only in our case, it’s because we had one too many wines last night.
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