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CEA Calls DC City Council’s Proposal To Heavily Regulate Airbnb ‘Atrocious’

The Washington, D.C., City Council’s proposal to heavily regulate Airbnb is an “atrocious public policy” that will stifle innovation and prevent necessary competition in the hospitality industry, said CEA President Gary Shapiro in a news release Thursday. "Airbnb helps D.C.…

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visitors find affordable accommodations, while allowing D.C. citizens to earn supplemental income while sharing their love of this city,” Shapiro said. “Legislating higher prices and fewer choices” will harm D.C.’s reputation as a tech-friendly, pro-business city, he said.