Consumers love alternative accommodations, but players from Airbnb down to vacation rental companies like Wyndham are going to take more responsibility and make it harder for their customers to break laws and avoid taxes.
Micro-subletting is a pretty good business in New York these days. As the New York Post recently reported, residents throughout the city are “bringing in tens of thousands of dollars” renting out their units or spare rooms for days or weeks at a time…
The only problem with the scheme — at least in some cases — is that it’s illegal.
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