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Airbnb bookings dry up in New York as new short-stay rules are introduced
(www.theguardian.com)
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this post was submitted on 06 Sep 2023
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I don’t know how I feel about this. On one hand: I dislike the trend of commercial companies buying up living space to turn around and rent it out to disruptive short-term tenants.
On the other hand: I don’t want to have anyone else present in my rental with me because that’s creepy.
That's the point.
If you and I stay in hotels, people who work there will be able to afford to live near there.
They want you back in a hotel
They are trying to address housing shortages. The hotels might benefit, but so does everyone else because it effectively bars commercial operation of AirBnB. No landlords with 50 units etc.
Really to drop housing prices you have to address the secondary mortgage market. More supply is a band aid.
I want them back in a hotel too.
Yes, where they should be.
If you’re travelling somewhere then stay in a hotel, it’s what they’re for.
And why is that a bad thing?
It's the same as ride-sharing ... which, when it started, was advertised as a cheaper alternative to taxis/cabs but that's no longer the case.
I use taxis instead od ride-share because taxis are regulated and they have to buy licenses. Does this make them better? Not really, but they are contributing to the local economy through the tax base ... and that alone does make them better.
I’ve stayed in plenty of Airbnb’s that the owners were on-site the whole time. It’s not bad at all. I even used Airbnb to rent out a spare room for a couple years and it wasn’t weird at all (except for the people who were much more comfortable with nudity than I was).
The time I visited NYC, the Airbnb I rented was a small apartment divided up into three rooms with other renters staying there. Same as if the owner was there, wasn’t a problem or creepy.