Why is New York City cracking down on Airbnb?

This report aired on PBS NewsHour Weekend on August 1, 2015.

Short-term housing rental industry giant Airbnb now lists more than 1 million rooms available in 192 countries. The platform’s largest market is in New York City, with more than 25,000 listings per night, but it’s also where the debate over how to regulate short-term rentals is the most contentious. In light of a new report by the NY Attorney General that says nearly three-quarters of Airbnb’s listings in the city are technically illegal, the city is cracking down.

Producer/Writer: Saskia de Melker
Correspondent: Hari Sreenivasan
Camera:  Saskia de Melker and Sam Weber
Editor: David Kreger