1. Aribnb's 'party house' problem could spoil its public listing. Here's why its new rules to stop the rowdy blowouts might not even work.

    Add one more "risk factor" to the upcoming prospectus Airbnb will release when it makes its stock market debut next year: Party houses.

    The home-sharing service has built a booming business by making it easy for anyone to rent their homes to vacationers or business travellers looking for an alternative to a hotel. But the instant and easy access to homes has also caught the notice of teens and others looking for place to throw wild parties.

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  2. Quotes

    1. I think it's great that Airbnb is taking some action to rein in the most extreme cases of so-called party houses. But it should not have taken a multiple homicide incident for that to happen.
    2. I don't exactly understand honestly what they are doing with that rule.
    3. I do know that ultimately the problem isn't solved unless you stop multi-unit operators.
    4. Three years ago, we said the law being passed, which was written by Airbnb, won't work because there was no skin in the game in terms of enforcement.
    5. If you put up a mega-platform like this that allows people to do business in this way, you absolutely have to take responsibility as a company.
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