Earlier quoted context omitted.
Unless the bill is actually passed, in which case it would have a significant negative impact as well.
Yeah, just like how nobody uses illegal drugs anymore.
[deleted]
NY hotels trying to outlaw short-term home sublets (i.e. AirBnB)
51–60 of 85 posts
Re: NY hotels trying to outlaw short-term home sublets (i.e. AirBnB)
#52Earlier quoted context omitted.
The people who sell illegal drugs don't advertise the fact on the web, at least not for very long.
Have you been to craigslist? Seriously, go take a look.
http://www.statesman.com/blogs/content/shared-gen/blogs/aust...
The "not for very long" part still stands.
Re: NY hotels trying to outlaw short-term home sublets (i.e. AirBnB)
#53I think is only going to happen more and more across the country. I understand AirBnB is disruptive to some degree, but you have to consider: - Cities that rely on tourism generate revenue from hotel "bed taxes" which are often higher or in addition to sales tax - People who are making money on AirBnB by renting out rooms probably aren't paying income tax on it (call it a hunch) - All the sublease/short-term laws tha…
Many stadiums are funded with municipal funds that come from tourism and hotel taxes.
Re: NY hotels trying to outlaw short-term home sublets (i.e. AirBnB)
#54Earlier quoted context omitted.
No, I think apartments really are scarce. It's not like landlords are sitting on vast quantities of inventory to drive up rents. That said, rent regulation (mostly rent stabilization vs. rent control, these days) does skew the market, creating a small number of lottery winners lucky to have below-market rents and driving up rents for everyone else competing for the unregulated inventory, regardless of their economic…
Sorta true, sorta false. There are not vast quantities of inventory, but there certainly isn't a shortage. There are loads of "luxury rentals" in battery park city, downtown brooklyn and williamsburg that the developers are having a hard time getting people into, even with all sorts of incentives. The prices are pulled out of thin air. The new developments have to charge usurious rents to recoup their costs, but a lo…
Good luck finding a nice place for
Fun fact: if an apartment is rented for less than $2000, it becomes subject to rent stabilization.
Many landlords would rather have an apartment go vacant than become subject to rent stabilization. Better to lose a year's worth of rent now than 20 years worth of rent in the future, not to mention loss of flexibility (i.e., you can't sell the apt without permission of the tenant).
Re: NY hotels trying to outlaw short-term home sublets (i.e. AirBnB)
#55When they start trying to outlaw you, you know you've made a big dent in their bottom line.
And this is where the startup needs to partner up with other powerful conglomerates. Like YouTube going to Google after being relentlessly sued by Viacom.
Re: NY hotels trying to outlaw short-term home sublets (i.e. AirBnB)
#56When they start trying to outlaw you, you know you've made a big dent in their bottom line.
And this is where the startup needs to partner up with other powerful conglomerates. Like YouTube going to Google after being relentlessly sued by Viacom.
Re: NY hotels trying to outlaw short-term home sublets (i.e. AirBnB)
#57Earlier quoted context omitted.
I've seriously underestimated the popularity of airbnb if people are purpose building structures (undercover no less) for the sole purpose of marketing them as a place to crash on airbnb. Also amazed that neighborhood groups have "Illegal Hotels Committee"s
Well, try living with me. I live in Ashbury Heights in SF. Our next door neighbor runs a possibly illegal short stay hotel. It sucks ass -- this is a quiet residential neighborhood and he rents to either redneck trash that think it's appropriate to open their car windows, blast country music as loud as their stereos will go, and drink cheap beer on the sidewalk at 2 in the morning or to eurotrash who at least have th…
Sounds like a lot of people are "trash" to you.
Re: NY hotels trying to outlaw short-term home sublets (i.e. AirBnB)
#58I think is only going to happen more and more across the country. I understand AirBnB is disruptive to some degree, but you have to consider: - Cities that rely on tourism generate revenue from hotel "bed taxes" which are often higher or in addition to sales tax - People who are making money on AirBnB by renting out rooms probably aren't paying income tax on it (call it a hunch) - All the sublease/short-term laws tha…
Many stadiums are funded with municipal funds that come from tourism and hotel taxes.
Exactly. Here's an example:
http://www.noozhawk.com/local_news/article/042110_bed_tax_up...
Santa Barbara, which is a medium-sized city at best, generates over $11M a year in TOT/Bed taxes.
Do you think they're just going to sit by and let people eat away at that revenue? No way. They're going to have "Richard from accounting" monitor AirBnB and other sites–and start threatening people. Maybe they'll give them an option to remove their listing or register and start paying taxes. Since no one will want to go through health and fire code inspections or worry about taxes, they'll just remove it.
That's all speculation, of course. But enforcement can't be too difficult (at least, not on the RIAA level).
Re: NY hotels trying to outlaw short-term home sublets (i.e. AirBnB)
#59Well, now I know my original post wasn't misplaced! http://news.ycombinator.com/item?id=1471654
Prior to reading some of the comments from NYC residents, I was vehemently opposed to this kind of government interference, but now I'm not so sure. It would suck to live next to some of these people.
I wonder if entire building communities could vote on whether to allow this individually so either everyone agrees or disagrees and then has to live with it.
Re: NY hotels trying to outlaw short-term home sublets (i.e. AirBnB)
#60Earlier quoted context omitted.
Sorta true, sorta false. There are not vast quantities of inventory, but there certainly isn't a shortage. There are loads of "luxury rentals" in battery park city, downtown brooklyn and williamsburg that the developers are having a hard time getting people into, even with all sorts of incentives. The prices are pulled out of thin air. The new developments have to charge usurious rents to recoup their costs, but a lo…
Good luck finding a nice place for Fun fact: if an apartment is rented for less than $2000, it becomes subject to rent stabilization. Many landlords would rather have an apartment go vacant than become subject to rent stabilization. Better to lose a year's worth of rent now than 20 years worth of rent in the future, not to mention loss of flexibility (i.e., you can't sell the apt without permission of the tenant).
This isn't actually true. If an apartment rents for more than $2000 it is no longer subject to rent stabilization, and there are various tricks that landlords use to make sure it doesn't fall back under such as issuing rebates or free months and then quoting an effective monthly rate.