Airbnb has removed thousands of listings in Boston as new rule takes effect ahead of the company's presumed IPO next year

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Airbnb has removed thousands of listings in Boston as new rule takes effect ahead of the company's presumed IPO next year
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Airbnb has removed thousands of listings in Boston as new rule takes effect

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Airbnb had to comply on Sunday with strict new Boston regulations that require hosts to apply to register their listings.

With Airbnb expected to go public next year, such regulations in cities around the country could cool investors' outlook on the company. The home-sharing company had to comply on Sunday with strict new regulations in Boston that require hosts to register their listings with the city. Boston's regulations are designed to ban so-called investor units, or properties meant to be residential that are exclusively or primarily used for short-term housing. Such units, lawmakers say, inflate the housing market and drive out long-term residents.

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