Airbnb Loses Jersey City Home-Share War by a Landslide

The bitter, multi-million dollar battle over home-sharing in Jersey City has come to an end -- with Airbnb Inc. losing the fight.


Early results -- which need to be officially certified by the local county clerk’s office -- show about 70% of residents voted to restrict home-sharing companies like Airbnb.


Fulop said he was proud of the result and hoped that other cities around the world take notice. “This is a resounding statement. Airbnb spent $5 million to mislead people and that was rejected and at the end of the day the public has spoken,” he said.


Read More: https://www.bloomberg.com/news/articles/2019-11-06/airbnb-loses-n-j-home-share-war-by-a-landslide

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