Air BnB is terrible for smaller, more touristy towns as well, like Traverse City, MI where housing prices and rents have skyrocketed. Used to be able to rent a granny flat as a service worker...those are all Air BnB'd now.
What Airbnb Did to New York City
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Re: What Airbnb Did to New York City
#12Easy to blame lack of affordable housing on AirBnB and not, say, rent control laws or the difficulty of building new housing stock in the city. I get not throwing grandma out of the $250/month 4BR she’s been living in for 50 years, but it means something like 200,000 rent-controlled/rent-stabilized units are also raising everyone else’s rent by decreasing inventory. The endless red tape in new construction makes non-…
$250 a month must be getting to the point where the landlord is actively losing money through maintenance costs. How do they cope with that?
Re: What Airbnb Did to New York City
#13Manhattan should probably just admit that it's going to become the Venice of America: a playground for tourists and the ultra-rich, with virtually no residents. There's nothing wrong with that. They can tax the hell out of it and use it to fund services in the rest of the city where real people live.
Kind of agree with you. Don't even think living in Manhattan if you don't pull at least 150k$. (Or be ready for some of those roomshare situations). I'm also amazed by the average night price at Manhattan hotels. Even during normal weeks, the cheapest is well above 300$/night.
You can easily live in Manhattan for less than that, but expect half your salary going to rent, since you're also putting your car money into it.
Re: What Airbnb Did to New York City
#14Air BnB is terrible for smaller, more touristy towns as well, like Traverse City, MI where housing prices and rents have skyrocketed. Used to be able to rent a granny flat as a service worker...those are all Air BnB'd now.
Which is funny - they shut down people on VRBO all the time who tried to rent their cabins out
Re: What Airbnb Did to New York City
#15Easy to blame lack of affordable housing on AirBnB and not, say, rent control laws or the difficulty of building new housing stock in the city. I get not throwing grandma out of the $250/month 4BR she’s been living in for 50 years, but it means something like 200,000 rent-controlled/rent-stabilized units are also raising everyone else’s rent by decreasing inventory. The endless red tape in new construction makes non-…
I've said this before, and I'll say it again. AirBNB is a blight on rural areas (I can speak to this because I reside in rural Scotland) where affordable rental properties are simply disappearing from the market. These properties are barely fully booked during the summer months or holiday/peak seasons, and are empty for weeks at a time in the winter and off-seasons. This is such a waste and hugely frustrating for fol…
I want to point out that expensive rent in a rural area is different than expensive rent in an urban one. In a rural area, if it really comes down to it, people buy or rent a plot of land and throw a prefab home or trailer on it. In an urban area, you don't have a lot of options when rent goes up other than moving to a dangerous neighborhood or commuting from an inhumane distance.
Re: What Airbnb Did to New York City
#16Air BnB is terrible for smaller, more touristy towns as well, like Traverse City, MI where housing prices and rents have skyrocketed. Used to be able to rent a granny flat as a service worker...those are all Air BnB'd now.
They stop fixing anything and offer the tenant tens of thousands of dollars to move out.
Re: What Airbnb Did to New York City
#17Easy to blame lack of affordable housing on AirBnB and not, say, rent control laws or the difficulty of building new housing stock in the city. I get not throwing grandma out of the $250/month 4BR she’s been living in for 50 years, but it means something like 200,000 rent-controlled/rent-stabilized units are also raising everyone else’s rent by decreasing inventory. The endless red tape in new construction makes non-…
$250 a month must be getting to the point where the landlord is actively losing money through maintenance costs. How do they cope with that?
By trying to force them out any way possible: https://www.nytimes.com/2016/06/05/opinion/sunday/how-to-for...
Re: What Airbnb Did to New York City
#18Easy to blame lack of affordable housing on AirBnB and not, say, rent control laws or the difficulty of building new housing stock in the city. I get not throwing grandma out of the $250/month 4BR she’s been living in for 50 years, but it means something like 200,000 rent-controlled/rent-stabilized units are also raising everyone else’s rent by decreasing inventory. The endless red tape in new construction makes non-…
> Easy to blame lack of affordable housing on AirBnB and not, say, rent control laws or the difficulty of building new housing stock in the city.
None of this seems relevant to the article. Did you read it before posting?
These are the topics the article covers:
- what percentage of AirBNB hosts are commercial operators that are likely breaking the NYC laws? (12%) - how is renting income distributed? 10% of hosts account for 50% of rentals & revenue. - where are AirBNBs contributed? - how many "ghost hotels" are there in NYC?
I don't think there was a single sentence in the article about affordable housing. There were maybe three or four sentences on rent and each time they reiterated that rents were only up 1.4% due to AirBNB.
Re: What Airbnb Did to New York City
#19Earlier quoted context omitted.
I've said this before, and I'll say it again. AirBNB is a blight on rural areas (I can speak to this because I reside in rural Scotland) where affordable rental properties are simply disappearing from the market. These properties are barely fully booked during the summer months or holiday/peak seasons, and are empty for weeks at a time in the winter and off-seasons. This is such a waste and hugely frustrating for fol…
I want to point out that expensive rent in a rural area is different than expensive rent in an urban one. In a rural area, if it really comes down to it, people buy or rent a plot of land and throw a prefab home or trailer on it. In an urban area, you don't have a lot of options when rent goes up other than moving to a dangerous neighborhood or commuting from an inhumane distance.
> expensive rent in a rural area is different than expensive rent in an urban one
I fail to see the difference, maybe you could expand?
> In a rural area, if it really comes down to it, people buy
Folks are seeking affordable rents because affordable (and habitable) property to buy is pretty much non-existent.
> or rent a plot of land and throw a prefab home or trailer on it.
Perhaps in your country, good luck with getting away with that in the UK. We've got some fairly strict planning rules that make that kinda thing more or less impossible. Also "renting a plot of land" for this type of use isn't really a thing here.
Re: What Airbnb Did to New York City
#20If anyone is interested, I recommend the nearly 18-hr PBS documentary on New York City [1], especially the latter parts (6 & 7) which focus on the building boom and the obsessions of Robert Moses [2]. Part 7 in particular (57 min) https://www.youtube.com/watch?v=GaLSRTNT5fw https://en.wikipedia.org/wiki/New_York:_A_Documentary_Film https://en.wikipedia.org/wiki/Robert_Moses
Haven't seen this yet, thank you.