Are governments trying to kill the sharing economy?
Governments need to realize that the sharing economy is a rare opportunity for badly needed growth.
NB: This is a viewpoint from Arnaud Bertrand, CEO at HouseTrip.
Until recently, travel companies in the ‘sharing economy’ have fallen below the radar when it comes to government regulation. These companies have enjoyed rapid growth, with legislators uninterested in coming up with any form of legal framework.
But this is all changing, as proven by the recent move by the city of New York to switch from a state of ‘don’t ask, don’t tell’ to one of prosecuting and fining hosts who rent out their homes to holidaymakers.