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>Hotels fall into a class of businesses that are considered a public good This doesn't seem to be the term "public good" as used in economics, so what do you m

• URSpider94 6y ago
  You’re right, that’s probably not the right term. What I mean is that hotels are considered a quasi public utility, in the same way as taxi services - private businesses that are essential to proper functioning of a community and as such are heavily regulated. And in part for this exact reason - when there are emergencies, we expect them to be available for people to use as temporary housing without being charged “surge pricing” - and that’s written into the law in most states.