Airbnb a big boost to NYC economy, study finds • Hacker News Board

Re: Airbnb a big boost to NYC economy, study finds

#31

Post by yeukhon » Thu, Oct 24, 2013, 5:12 PM UTC

ajiang wrote: post #26

yeukhon wrote: post #11

Earlier quoted context omitted.

non-profit do you mean university? I'd rather have university do the research. I often think non-profit is not as independent as we think. After all, a lot of non-profit are to advocate against public policy. Whereas usually university research (from multiple sources) seem to be more independent.

I agree that non-profits can and often are not independent of private influences. Universities can fall under the same influences as well, such as MIT's concrete research studies being funded and advocated by the Portland Concrete Association. In this situation, I would have liked to see an independent non-profit or University group that was funded 50/50 by New York City and Airbnb to do the study. Perhaps you can ar…

You are right. Maybe we should see multiple sources. That's fair, from government to non-profit to university.

Re: Airbnb a big boost to NYC economy, study finds

#32

Post by nonchalance » Thu, Oct 24, 2013, 5:16 PM UTC

dominotw wrote: post #30

nonchalance wrote: post #22

Earlier quoted context omitted.

Apple put out similar hand-wavey figures last year: https://www.apple.com/about/job-creation/ I think the point boils down to: 1) dollars paid to hosts are counted towards the city economy (ostensibly most of those would be spent in the city) -- this is direct 2) renters need to eat etc, and those monies should be counted to the economic activity -- this is indirect

>renters need to eat etc Wouldn't they have to eat regardless of where they stay?

If you are staying for a day or two, you most likely would go out and eat your meals (including breakfast). For longer stays, especially with kitchen access, you probably would buy cereal, milk, juice, and other items. If you are estimating the cost of food based on average or median restaurant, you aren't capturing the true dynamics (note: as they said in the report, the average stay is close to a week in length)

Re: Airbnb a big boost to NYC economy, study finds

#33

Post by thwarted » Fri, Oct 25, 2013, 2:39 AM UTC

ajiang wrote: post #9

ScottWhigham wrote: post #3

I was fully expecting this to by a study "by Airbnb" and I wasn't disappointed: "On behalf of Airbnb, an online service for short-term vacation rentals, HR&A conducted an economic impact assessment of Airbnb rental activities in the City of San Francisco, and is currently conducting a follow-up study of its impacts on New York City." http://www.hraadvisors.com/featured/economic-impacts-of-airb...

Yep. I actually think it would be valuable to have a third-party non-profit entity that provides economic impact assessments of start-ups like Uber and Airbnb, so we are backing up our regulatory policy changes on data rather than emotion or lobbying.

As long as they provide economic impact assessments of the status-quo services like cabs and hotels.

I'd be especially interested in how the impact of established services changes over time.