Wow, an "old people" conspiracy. Haven't heard that since my high school days. Trust no one over 30…
Remember the old silent movies, where the evil, mustachioed landlord was one the most popular villainous archetypes? That wasn't without reason. People looking for a roof over their heads often aren't in a good bargaining position, so often you could make them sign almost any contract. There are quite a few federal and local laws that limit what's possible in all these cases, so that your landlord e.g. can't evict you all willy-nilly. Rent control is also rather common.
Same goes for hotels, especially when it comes to security (emergency exits, maximum occupancy etc.).
Whether every single law (including this new once) make sense is another question, but my point is that this isn't something completely new, were all of a sudden the octogenarians ruling the world decided to come down on the poor cyber-startups.