Well, the major culprit is not AirBnB, its illegal washed money and other investment money, parked in cities worldwide. They want a return on those gambling chips, and AirBnB is simply better there. I highly doubt that regulating the value of the pokerchip stacks in the safe down against the interests of the planetary elites will work.
New York’s crackdown on Airbnb began Tuesday
101–110 of 149 posts
Re: New York’s crackdown on Airbnb began Tuesday
#102Well, the major culprit is not AirBnB, its illegal washed money and other investment money, parked in cities worldwide. They want a return on those gambling chips, and AirBnB is simply better there. I highly doubt that regulating the value of the pokerchip stacks in the safe down against the interests of the planetary elites will work.
Can you reword this more coherently? There's value here.
Re: New York’s crackdown on Airbnb began Tuesday
#103Re: New York’s crackdown on Airbnb began Tuesday
#104It's nice that this will theoretically lower rental prices, but in practice there's no way that will happen. Demand is just too high. I don't believe that the number of short-term rentals was the difference between supply matching demand. The real solution is to build more apartment units and crack down on people subletting rent-controlled apartments where they haven't lived for years.
What percentage of NYC apartments are rent-controlled?
According to the Rent Guidelines Board in New York City, as of 2020, approximately 44.6% of apartments in NYC are rent stabilized or rent controlled. However, it's important to note that within this percentage, there is a distinction between rent stabilized and rent controlled units. Rent stabilization accounts for the majority of this percentage, while rent-controlled units represent a smaller portion. The exact breakdown between these two categories may vary over time due to changes in regulations and market conditions.
- you know what
Re: New York’s crackdown on Airbnb began Tuesday
#105Earlier quoted context omitted.
10%, or is this a trick question?
It's not a trick question, and it's not as simple as matching the percentages. Rents can raise by more than 100%, but total supply caps at 100%. If AirBnB controlled every rental unit, rental prices wouldn't go up exactly 100%.
Of course, but unless you're going to work out the price elasticity of supply/ demand, you might as well just assume it's one as a starting point.
Re: New York’s crackdown on Airbnb began Tuesday
#106Earlier quoted context omitted.
What percentage of NYC apartments are rent-controlled?
According to the Rent Guidelines Board in New York City, as of 2020, approximately 44.6% of apartments in NYC are rent stabilized or rent controlled. However, it's important to note that within this percentage, there is a distinction between rent stabilized and rent controlled units. Rent stabilization accounts for the majority of this percentage, while rent-controlled units represent a smaller portion. The exact bre…
That doesn't answer the question, in case you haven't noticed.
Re: New York’s crackdown on Airbnb began Tuesday
#107A capacity utilization study of housing in major metropolitan areas with an gap analysis would lead to better planning of new construction.
Re: New York’s crackdown on Airbnb began Tuesday
#108Well, the major culprit is not AirBnB, its illegal washed money and other investment money, parked in cities worldwide. They want a return on those gambling chips, and AirBnB is simply better there. I highly doubt that regulating the value of the pokerchip stacks in the safe down against the interests of the planetary elites will work.
That plus public housing simply isnt being built, choking off supply.
Airbnb is richly profiting from the misery though. Theyre not an innocent bystander.
Re: New York’s crackdown on Airbnb began Tuesday
#109Earlier quoted context omitted.
Housing availability is gruesomely low, but not so low as to challenge the Sanctuary City concept born of another political moment. I'm suspecting this might change, as NYC is more politically diverse than places like San Francisco and Seattle, and pendulums swing hard back and forth historically.
What do you think will change?
At some point the city will move more to the Right as will the state. There is a misunderstood demographic that is large, diverse and at odds with the young Progressive crowd (many of whom are out-of-state transplants). Evidence of what I've just said can be seen in the breakdowns of which mayoral candidates were most popular by neighborhood. The most pro-police ones were in the poorer and less white boroughs, while the most radical left-wing ones were in the white, upper-class hipster neighborhoods.
Immigration is just another one of these types of these issues that's not well understood by upper-class liberals, is my speculation. Conversations with people and observations are making me think the migrant issue has potential to galvanize the working class to oppose it.
Re: New York’s crackdown on Airbnb began Tuesday
#110Earlier quoted context omitted.
It makes sense if you a) earn a decent amount of money b) want to live in Manhattan for all the entertainment options etc. c) only need space for a bed because you only ever eat out and don't spend much time at home.
How is that healthy?
> How is that healthy?
New Yorkers live longer than suburban Americans. One can have many complaints about a modern urban lifestyle, but health isn’t one of them.