Airbnb eyes increasing housing supply, driving down prices ...Middle East

Airbnb is launching an effort to examine how to address the nationwide issue of housing affordability, focusing on increasing the supply and driving down prices.  The company announced Wednesday the formation of a new housing council, chaired by former Baltimore Mayor Stephanie Rawlings-Blake, who was also the president of the U.S. Conference of Mayors. The council will advise the company on partnerships and initiatives that will spur housing supply, according to a news release about the effort. The group will also explore how the vacation rental company can work with cities on short-term rental policies. The newly formed council will inform Airbnb on “affordability policy framework

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