Richard Epstein looks at New York’s recent efforts to crack down on the short-term home rentals offered by Airbnb.

Subscribe to The Libertarian in iTunes (and leave a 5-star review, please!), or by RSS feed. For all our podcasts in one place, subscribe to the Ricochet Audio Network Superfeed in iTunes or by RSS feed.

Podcast listeners: Now become a Ricochet member for only $2.50 a month! Join and see what you’ve been missing.

Members have made 2 comments.

  1. Profile photo of Stephen Dawson Thatcher

    Hey Bluey (I hope you don’t mind the informality, Blue Yeti), The Libertarian has failed to come through on the Superfeed for several weeks at least. I use iTunes, and it stops immediately, citing error 3253. The further message given when clicking on the ‘i’ button when the download fails is ‘The network connection was reset.’

    I hope that helps.

    • #1
    • November 3, 2016 at 4:28 am
    • LikeLike
  2. Profile photo of Guruforhire Member

    I think the problem is that supply and demand theory assumes that market entry and exit is instant and free. The issue of time creates a dead weight loss which is either paid by the consumers or the incumbents.

    Housing entry and exit even from the consumer perspective is not immediate and free, so regulations to resolve certain dilemmas that this creates, is prudential and wise. ESPECIALLY when the value of property is principally in the conditional network effects of the community.

    • #2
    • November 3, 2016 at 5:12 am
    • LikeLike