One of the most predictable disasters in recent memory. NYC effectively banned short-term rentals like Airbnb—and now working-class people need to take out a second mortgage just to spend a weekend there. All in the name of ~helping.~ Total economic illiteracy.

“But banning Airbnb helped renters!” No, it didn’t. Rents have kept *rising*—and they've risen even faster in areas that once had more Airbnbs. Those listings were a drop in the housing bucket but a huge chunk of hotel alternatives. All this law did was hand hotels a massive win.