Airbnb ordinance open to legal challenge, violates constitution on 3 counts - Nooganomics. Local economy & free markets
print Another Southeast Tennessee municipality is making war on the Internet, trying to raise a Beijing wall to keep out wealth that flows into town via short-term vacation rentals. Not that East Ridge turns its back on inrushing dollars. Its Exit 1 development promises riches to area developers and local people who work for these national brands, and city government is happy with tax revenue gains. By David Tulis / 92.7 NoogaRadio But the city’s planned seizure of Airbnb bans some people from participating in a growing area of local economy — and it regulates and taxes others who want