Elizabeth Warren Urges Probe Of Airbnb-Type Rentals
July 17, 2016
U.S. Senator Elizabeth Warren on Wednesday called for a regulatory probe into whether short-term rental websites such as Airbnb are taking housing away from long-term renters and pushing up prices.
Warren, joined by Senators Brian Schatz of Hawaii and Dianne Feinstein of California, urged the U.S. Federal Trade Commission to examine the rapid growth of such businesses as Airbnb, HomeAway, VRBO and FlipKey and determine their impact on housing.