# Prof. Aswath Damodaran on the impact of San Francisco's move to legalize Airbnb

Faculty News

— October 22, 2014

![CNBC logo](/sites/default/files/styles/246w/public/assets/images/uat_027305.jpg?itok=Ipx0jiaQ)

>

Excerpt from [CNBC](http://www.cnbc.com/id/102102286) -- "'Politically, other cities will be pushed to do what San Francisco did, because more people will want to rent out their houses and cars,' said [Aswath Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran), professor of finance at NYU Stern School of Business."

[Read more](http://www.cnbc.com/id/102102286)