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New York’s crackdown on Airbnb began Tuesday

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Re: New York’s crackdown on Airbnb began Tuesday

#141

Post by JambalayaJim »

totallywrong wrote: post #82
JambalayaJim wrote: post #80

Earlier quoted context omitted.

It’s a different lifestyle entirely. NYC has a million things to do - you aren’t spending your nights sitting at home watching Netflix.

> you aren’t spending your nights sitting at home watching Netflix You are though, most nights too, because there might be a million options but a normal person needs to rest and recharge at home a lot of the time.

If you are doing that most nights (and I mean with zero other activities planned), then you’re better off living somewhere else, yes.

Re: New York’s crackdown on Airbnb began Tuesday

#142

Post by wombat-man »

meling wrote: post #60
wombat-man wrote: post #25

Earlier quoted context omitted.

ok well it's a 2-3 bedroom apartment a family or roommates can't live in then. Plenty of hotels have rooms with two queens that can comfortably sleep 4 people.

My experience with NYC hotels is that rooms are really cramped, so I wouldn’t call it comfortable for four people. And not to mention prices of hotels aren’t exactly cheap, and this law clearly isn’t going to help lower hotel prices. But maybe fewer tourists is what NYC needs.

Yeah if this prices out tourists to the point where it's a problem for the tourism industry, we can deal with that later. For now let's get these apartments back in the regular rental market.

Re: New York’s crackdown on Airbnb began Tuesday

#143

Post by thefurdrake »

I feel so ambivalent about this.

I can understand how AirBnB might raise rent prices.

I can understand how that's a serious problem, and agree it should be dealt with.

But seriously, as a home-owner, why shouldn't I be allowed to rent out any amount of space in my own property arbitrarily to whoever I so please for a short term without seeking a loicense from my central government?

This isn't meant to be argumentative. Why should anyone have the right to tell me who I can and cannot shelter under my own roof if they aren't a criminal?

Or, more-specifically, because concerns like this have to be weighed by effect: is the problem really so bad that it merits usurping someone's right to use their property in order to counteract? I do own a house, but I don't live in a metro area, so I could use some perspective.

Re: New York’s crackdown on Airbnb began Tuesday

#144

Post by tharmas »

thefurdrake wrote: post #143

I feel so ambivalent about this. I can understand how AirBnB might raise rent prices. I can understand how that's a serious problem, and agree it should be dealt with. But seriously, as a home-owner, why shouldn't I be allowed to rent out any amount of space in my own property arbitrarily to whoever I so please for a short term without seeking a loicense from my central government? This isn't meant to be argumentativ…

That was the original intent of AirBnB. What the problem is is "investors" etc buying up properties to effectively turn into hotels and rent out as short term rentals THAT THEY DONT LIVE IN.

Workers need a place to live. They cant forgo a place to live if they cant afford it like they can with a big screen tv. These AirBnB entrepreneurs are taking housing stock out of circulation for local workers to rent/live in.

Housing is not your typical commodity.

Re: New York’s crackdown on Airbnb began Tuesday

#145

Post by [deleted] »

fasthands9 wrote: post #134
HWR_14 wrote: post #96

Earlier quoted context omitted.

So tourists still spend all their time/money in NYC, with the exception of paying for sleeping accommodations (and taking up beds) there? Isn't that the ideal goal of this legislation?

Hotel tax is one of the easiest ways governments collect taxes from people who are not its own citizens - in NY its 6 percent. I am understanding of the arguments against Airbnb's, but they really need to allow more hotels to be built. The amount of money they can bring in (raised entirely from people out of state) is large and shouldn't be thrown away.

[deleted]

Re: New York’s crackdown on Airbnb began Tuesday

#146

Post by dh2424 »

chatmasta wrote: post #57

It'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.

It will not solve the problem, but it will help.

Re: New York’s crackdown on Airbnb began Tuesday

#147

Post by dh2424 »

WirelessGigabit wrote: post #81
im3w1l wrote: post #75

Earlier 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?

"eating out" in New York does not mean going through a McDonalds drive through, like it does in most of the US.

Re: New York’s crackdown on Airbnb began Tuesday

#148

Post by dh2424 »

thunky wrote: post #135
JumpCrisscross wrote: post #111

Earlier quoted context omitted.

> Paying 3k for rent probably limits your options It’s around $2k after adjusting for not having to own a car [1]. Also, a solo studio is a luxurious way to live in New York. If you’re economising, you get roommates. [1] https://www.moneygeek.com/insurance/auto/analysis/costs-of-c... .

> It’s around $2k after adjusting for not having to own a car You didn't add in the cost of taxis and trains. > Also, a solo studio is a luxurious way to live in New York A cramped crappy apartment with no bedroom is not luxurious just because it's more expensive than a crappier shared apartment with no bedroom.

Depending on where you live, you can get around in NYC just by using the subway for ~$100/month, and it's subsidized by most employers.

Re: New York’s crackdown on Airbnb began Tuesday

#149

Post by dh2424 »

thefurdrake wrote: post #143

I feel so ambivalent about this. I can understand how AirBnB might raise rent prices. I can understand how that's a serious problem, and agree it should be dealt with. But seriously, as a home-owner, why shouldn't I be allowed to rent out any amount of space in my own property arbitrarily to whoever I so please for a short term without seeking a loicense from my central government? This isn't meant to be argumentativ…

The same reason you can't start drilling for oil in your back yard. Negative externalities.
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