With crackdowns on Uber and Airbnb, does the sharing economy have a future in Hong Kong?

Airbnb host Frank Lee was baffled last week by news that Hong Kong officials planned to get tougher on short-term home rentals.
The IT professional has been letting a 75 sq ft spare room in his flat since 2012 to help him meet half the hefty HK$17,000 (US$2,165) rental bill he faces every month.
He is one of a number of savvy Hongkongers who have embraced the so-called sharing economy, but who now face uncertainty as city officials hesitate to do the same.
In the past week, three leading yet…

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