and rents she joins us from new york city air b.n. b. is being blamed for higher rents and reducing available housing and new york city a new report outlines some troubling trends about air b.n. b. and how the short term rental site has affected renters you can see the kind of room in a place with other people where you can see the home buyers on air b.n. b. a vacation web site meant to make traveling easier more convenient has apparently made things more difficult for tenants looking to rent in new york this year hotel renter for usually you have to go. up. we just want something for two weeks and we'll pay the same thing according to a study done by mcgill university in the hotel trades council air b.n. b. has removed between seven thousand to thirteen thousand five hundred housing units from the city's long term rental market and found that the cost of new york hadn't actually living in the city has been forced up on average three hundred eighty bucks a year and in some areas of manhattan the rent has increased more than seven hundred

air b.n. b. and rents she joins us from new york city air b.n. b. is being blamed for higher rents and reducing available housing and new york city a new report outlines some troubling trends about air b.n. b. and how the short term rental site has affected renters even the same kind of room in a place that other people or even seen a home buyers on air b.n. b. a vacation web site meant to make traveling easier more convenient has apparently made things more difficult for tenants looking to rent in new york this year hotel renter for usually you have to go a year up. air b.n. b. we just want something for two weeks and we'll pay the same thing according to a study done by mcgill university in the hotel trades council air b.n. b. has removed between seven thousand to thirteen thousand five hundred housing units from the city's long term rental market and found that the cost of new york hadn't actually living in the city has been forced up on average three hundred eighty bucks a year and in some are

and rents she joins us from new york city air b.n. b. is being blamed for higher rents and reducing available housing and new york city a new report outlines some troubling trends about air b.n. b. and how the short term rental site has affected renters you can see the crowded room in a place with other people where you can see the homeowners on air b.n. b. a vacation website meant to make traveling easier more convenient has apparently made things more difficult for tenants looking to rent in new york this year hotel renter for usually you have to go. up. we just want something for two weeks and we'll pay the same thing according to a study done by mcgill university in the hotel trades council air b.n. b. has removed between seven thousand to thirteen thousand five hundred housing units from the city's long term rental market and found that the cost of new york hadn't actually living in the city has been forced up on average three hundred eighty bucks a year and in some areas of manhattan the rent has increased more than seven hundred do

air b.n. b. and we could have social networks decentralized social networks we already have the first one steam it without a centralized party owning our data these are all very sunny outcomes like anything light and shade yes you see any potential for dark and areas we've blocked change what all day. well block change is a technology it's only a technology it's not the solution to all of mankind's problems i would like to stress that it's a very powerful technology if we do it right we. and create a universal what i like to call freedom machine that enables us to have a peer to peer economy with less centralized institutions. but if we get it wrong we could also create a universal control machine so i think we have to look at the to privacy privacy versus transparency in a data driven world who owns our data and where do we store the data and are we in control of our digital trail and those will be very important questions especially in the light of decentralized technologies they are big questi

air b.n. b. is on the skull for a new growth opportunities many cities have restrictive the service hotels have been complaining and some air b.n. b. customers called plane places don't live up to expectations. the rentals platform could be on the doorstep of its public listing and is looking to raise its game by introducing a new plus program the company hopes to appeal to travelers who are skeptical of booking on scene properties over an automated website personally inspecting accommodation to ensure only the highest quality homes get the seal of approval to bump top price to boot the luxury market is hotly contested but the timing is right at the end be announcing growing bookings at its first operating profit last year giving it the firepower to extend its reach ahead of its initial public offering which could be as soon as next year so what are they waiting for the process of being public can be very ominous if you have no principles because the public markets got a whole bunch of principles

thirds of the revenue are likely from illegal listings that forty five percent of all new york air b.n. b. reservations last year were legal and that there are forty seven hundred private room listings comprised of multiple rooms in a single apartment and air b.n. b. also induces gentrification the study found that in nearly seventy five percent of the population and neighborhoods at highest risk of the air being be induced gentrification across new york is nonwhite meanwhile city officials are saying the short term rental side violates laws and threatens residents quality of life a spokesperson for the mayor's office of criminal justice told r.t. in a statement a legal hotels are depriving new york families of badly needed housing they also create considerable risks for visitors and residents alike by neglecting safety codes that are required in legal hotels the city has taken aggressive action launching an unprecedented number of investigations throughout the city in the most extreme cases we have taken bad actors to court that brought more than a million dollars in penalties now everyb

but first air b.n. b. is changing its business strategy very right you need a home sharing app air b.n. b. is on the scout for new growth opportunities after all many cities have restricted the service hotels have been complaining residents too they say rents have shot up with few apartments on the market and some air b.n. b. customers complain the places don't even live up to expectations. the rentals platform could be on the doorstep of its public listing and is looking to raise its game by introducing a new plus program the company hopes to appeal to travelers who are skeptical of booking unseen properties over an automated website personally inspecting accommodation to ensure only the highest quality homes get the seal of approval to bump the points to boost the luxury market is hotly contested but the timing is right at the end be announcing growing bookings on its first operating profit last year giving it the firepower to extend its reach ahead of its initial public offering which could be as soon as

fourth place air b.n. b. the multi-faceted online community love sharing including lodging that ranges from tree houses to stylish apartments the american peer to peer mining platform has tallied up a net worth of twenty five point four billion euros not too shabby. third place shalmi the chinese electronics company sells smart phones for low prices and owns much of its success to its charismatic c.e.o. the company is worth thirty seven point six billion euros and the headquarters. second place. the online ride sharing service is setting out to expand internationally but whoever wants to buy it will have to hand over forty point nine billion euros any takers. coming in at number one is the american transportation provider for this ride sharing service is worth about fifty five point six billion euros and it offers reliable transport to people from all walks of life. that was the ship ranking and now telephone scammers fake microsoft employees are targeting p.c. users worldwide claiming computers are in danger

like air b.n. b. it acts as a broker for private rooms and apartments but doesn't own a single hotel or employ an army of staff the internet company is currently worth thirty one billion dollars to compare bricks and mortar hotel group hilton is worth just twenty five billion is the day of the bellboy over eclipsed by the era of the programmer. technological advances often spread disruption in their wake but markets grow out of disruption and leaders a new fields can quickly establish near monopolies like google and microsoft and then small startups can't compete because industry giants develop ideas on their own but even they aren't ever really safe because at any time disruption could always come along and crack their industry wide open. and there are lots of smaller loses of course as well and in so many different sectors which has so often been thanks to the online bookseller turned digital conglomerate amazon it now sells just about everything even cloud computing the leading provider in the worl

prosperity cheap airlines and huge increase in commendation possibilities with with companies like air b.n. b. bobs of course tourism is such a big so many jobs depend on the governments are very very. they're quite hesitant to take such drastic measures so having outlined this massive problem what is the solution. for what is like and i guess first of all for all of us personally greater consciousness that we are part of the problem i know you are because you have been to. but those of us who like to go there or find it yeah i mean anybody who wants to go there obviously if you're going there possibly the best time to go is not during carnival or high summer season and obviously i think as much as i hate to say it you know communities and governments are going to have to get tougher with with regulation with limits thank you. because you recently completely live it up at home for oh i don't have them thank you very much abbi so a good day. i'm going to. go to. the bureau of the installers demurral sing for mormons or the but. for covering the range from and i'm calling to go to football or t

travel and of course huge increase in the accommodation opportunities thanks to companies like air b.n. b. i mean these are these are many of the things that you know they're wonderful for us getting around the world but they are causing a lot of problems for cities so what is the solution for cities like these so much as i hate to say it starts with greater consciousness i guess for all of us that we are definitely part of the problem and i think everybody has to sort of look at that for themselves and what their own carbon footprint is going to be in terms of travel but as much as i hate to say it i think communities and governments have just got to get really tough with regulation they have to limit numbers they have to start regulating air travel and hotel. accommodation but also development i don't think there's any way around that to be able to keep these places beautiful we'll still want to be able to show them to our grandchildren of course those who are headed to venice carnival is happening and that is something to sell absolutely until february thirteenth that is the one of the

companies but we could also have right sharing with her and we could have apartment sharing without air b.n. b. and we could have social networks decentralized social networks we already have the first one steam it without a centralized party owning our data these are all very sunny outcomes like anything is light and shade yes you see any potential for dark areas we've blocked what are they. what blocks is a technology it's only a technology it's not the solution to all of mankind's problems i would like to stress that it's a very powerful technology if we do it right we can create a universal what i like to call freedom machine that enables us to have a peer to peer economy with less centralized institutions. but if we get it wrong we could also create a universal control machine so i think we have to look at the to privacy privacy versus transparency in a data driven world who owns our data and where do we store the data and are we in control of our digital trail and those will be very important questions especially in the light of decentralized technologies they are big questions definitel