For the record, government debt isn't bad. What is bad, is how that debt is used. If you use it to fund productivity boosting infrastructure projects, then it pays for itself. If you use it to invest in successful companies in return for shares then it pays for itself... unlike when Tesla got a $400 million gov. loan and gave nothing in return - which meant tax payers had to take the hit when Solyndra (which got money from the same scheme) bankrupted itself into the toilet, tax payers took all the risk and got shafted both when a company failed and when one succeeded.
The Norwegian government, for example, owns 30% of the domestic stock market. One of many strategies the US government should probably be looking to if they want a healthier way to invest in companies.
Using debt to back tax cuts on the other hand, like Trump did according to this article, is an awful strategy.
Make sure you keep in mind that Conde Nast (the parent company of Wired) has subsidiary companies running articles like "35 Best Airbnbs Near New York City, From Cozy Cabins in the Catskills to Beachy Houses in the Hamptons"[1]. They likely have indirect or direct financial ties to AirBnB.
So this article that is seemingly trying to present an argument that this regulation isn't working because a black market has emerged, while giving more space in the article to small landlords and AirBnB's CEO and their defence than to critics of AirBnB, as well as mentioning hotel prices rising but not how AirBnB has caused rental prices to rise... should give you pause about the bias this article is trying to hide.
[1] https://www.cntraveler.com/gallery/best-airbnbs-near-new-york-city