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New York governor approves short-term apartment rental ban in NYC

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Re: New York governor approves short-term apartment rental ban in NYC

#91
post #80
post #72

Earlier quoted context omitted.

This is exactly why I'm growing tired of social news sites too. Instead of responding in disagreement, you get downvoted. The whole thing is cowardly and/or lazy. Whomever downvoted me, you are telling me that you wouldn't mind a constant rotation of complete strangers taking residence in the apartment across the hall from you with no recourse for liability?

There's no reason to license and regulate if you can fine people with noise pollution and other negative externalities that come out of their property. If you disrupt the neighbors with loud musics, wild partying, etc, you will pay a fine. All the neighbors have to do is sue you in court and it should be easy to prove it so. That will kill many birds with one stone and eliminate vectors that allows people to choose w…

"All the neighbors have to do is sue you in court..."

Even for small claims court, it's a pretty big burden to file suit. This regulation may not be the best answer, but let's not pretend that short-term rentals don't engender problems for the neighbors, or that all those problems can be ameliorated with more lawsuits.

Re: New York governor approves short-term apartment rental ban in NYC

#92
post #47
post #8

Yet another illustration of how those with political power are not subject to the discipline of the market.

The market is created by laws, laws are created by politicians, politicians are elected. That's how a democracy should work, anyway. City planning is something complicated where I'm not so sure a pure market-driven solution would be optimal. Markets only allocate resources well when there are no externalities. They do nothing towards a fair distribution of wealth. A good example of poor city planning caused by the ma…

>> The market is created by laws

I always thought that the market was created by two people engaging in a voluntary exchange of goods and services.

I'm not 100% sure about the "laws are created by politicians" bit, either, seeing as most politicians scarcely even read most legislation, much less understand it. Although I suppose you did qualify that as the way things should work.

Re: New York governor approves short-term apartment rental ban in NYC

#95
post #91
post #80

Earlier quoted context omitted.

There's no reason to license and regulate if you can fine people with noise pollution and other negative externalities that come out of their property. If you disrupt the neighbors with loud musics, wild partying, etc, you will pay a fine. All the neighbors have to do is sue you in court and it should be easy to prove it so. That will kill many birds with one stone and eliminate vectors that allows people to choose w…

"All the neighbors have to do is sue you in court..." Even for small claims court, it's a pretty big burden to file suit. This regulation may not be the best answer, but let's not pretend that short-term rentals don't engender problems for the neighbors, or that all those problems can be ameliorated with more lawsuits .

I am quite certain this legislation was not passed because bands of 'neighbors' grouped together to stop the problems engendered by short-term renters.

Also, why is this problem engendered by only short-term renters? Can long-term renters, and even property owners be rude, loud, or obnoxious?

This law will do nothing to protect you from 'those' types.

You support increased government regulation, when there exists an existing legal process to handle such "problems".

A pretty big burden? It is small claims court for a reason. If you are intelligent enought to post and read HN, you should not be burdened by filing a small claims lawsuit.

At least now there is a process in place to deal with the owner of the property. Wait until the owner loses the property and vagrant squatters take residence.

Begin the burden, here: http://www.nycourts.gov/courts/nyc/smallclaims/startingcase....

Re: New York governor approves short-term apartment rental ban in NYC

#96
post #80
post #72

Earlier quoted context omitted.

This is exactly why I'm growing tired of social news sites too. Instead of responding in disagreement, you get downvoted. The whole thing is cowardly and/or lazy. Whomever downvoted me, you are telling me that you wouldn't mind a constant rotation of complete strangers taking residence in the apartment across the hall from you with no recourse for liability?

There's no reason to license and regulate if you can fine people with noise pollution and other negative externalities that come out of their property. If you disrupt the neighbors with loud musics, wild partying, etc, you will pay a fine. All the neighbors have to do is sue you in court and it should be easy to prove it so. That will kill many birds with one stone and eliminate vectors that allows people to choose w…

>>>If you disrupt the neighbors with loud musics, wild partying, etc, you will pay a fine. All the neighbors have to do is sue you in court and it should be easy to prove it so.

You have never had experience in NYC Housing Court. I have. Keep dreaming, though.

Re: New York governor approves short-term apartment rental ban in NYC

#97
post #66

I live in NYC, and while I think AirBnB is decent idea, I sure as hell wouldn't want to live in a building where the landlord - or another tenet - were renting out their spot like a hotel or hostel. At the point you are doing that with any sort of regularity you should be subject to licensing, insurance, etc.

If you don't want to live someplace that allows short term rentals, make sure it's in the contract that you sign when you buy the place. No regulation required.

You already did, unlicensed hotels aren't legal to run out of your home. This law just makes that easier to enforce.

Re: New York governor approves short-term apartment rental ban in NYC

#98

Does Airbnb have a lobbying budget?

They definitely did a bit of grassroots lobbying with petitions (http://savenysublets.tumblr.com/) and I heard the founders spent some time in NYC. But nothing compared to what I bet the Hilton's of the world put into it.

Re: New York governor approves short-term apartment rental ban in NYC

#99
post #75

Earlier quoted context omitted.

No, what I think you will find are people who believe that operating a commercial enterprise, which is what micro-leasing is, needing to be subject to regulation, licensing, insurance and liability - which they are currently aren't. I also believe you'll find people concerned about the possibility of renters being taken advantage of with no legal recourse. It's pretty simple.

I was going to use a bit of napkin logic to explore what you've said, but on further inspection your logic is circular, so needs no further exploration. If these things should be regulated because they are of a type of thing to be regulated? Then we haven't really advanced the discussion much, have we? Maybe you want to have a "big government" argument, but forget all of that. I'll assume you are correct. This is a t…

I agree with you, and obviously there have been many comments made here.

I find ,in this instance, it simply amazing how quickly the government was able to come to the aid of big business when big business was threatened by a startup.

In other instances, we have observed this at the federal level, but it takes many years, lobbyists, and congresscritters to do so (DMCA, ACTA, etc).

Imagine if the newspapers were able to prevent craigslist's success by protecting the newspapers' classified advertising revenue through state legislation, requiring licensing fees and inspections for the distribution of classified advertising within the state.

I can imagine many other startups being destroyed by this type of "necessary regulation".

I must say, that besides money, this must be one of the best validations of a startup's success. Unfortunate, though.

Re: New York governor approves short-term apartment rental ban in NYC

#100
post #91
post #80

Earlier quoted context omitted.

There's no reason to license and regulate if you can fine people with noise pollution and other negative externalities that come out of their property. If you disrupt the neighbors with loud musics, wild partying, etc, you will pay a fine. All the neighbors have to do is sue you in court and it should be easy to prove it so. That will kill many birds with one stone and eliminate vectors that allows people to choose w…

"All the neighbors have to do is sue you in court..." Even for small claims court, it's a pretty big burden to file suit. This regulation may not be the best answer, but let's not pretend that short-term rentals don't engender problems for the neighbors, or that all those problems can be ameliorated with more lawsuits .

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