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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

#61
post #48

I wish every City does this. I believe Airbnb is one of the big reasons rents are raising in these Cities. Personally if it was up to me, I would have a 90% tax on receipts from Airbnb customers. If you are caught without being registered, your property is taken and sold off in a auction.

I worked in Manhattan for just over a year prior to the pandemic and spent quite a bit of time in AirBnBs while I was getting to know the city. All but one of them were people renting out a spare room in their owner-occupied space. I appreciated that I was able to experiment with different neighborhoods without being limited to those where hotels were available.

[deleted]

Re: New York’s crackdown on Airbnb began Tuesday

#63

Earlier quoted context omitted.

Come on. As much as i hate Airbnb this doesn't paint hotels in a good light for larger groups or those with kids. When you have stricter dietary restrictions cooking our own meals is highly desirable and affordable hotels in this area - nil. Travelling in a group .. okay good luck. What I hate about Airbnb is all the hidden fees and ridiculous homework you have to do when leaving. Regulation could have gone to fix th…

> What I hate about Airbnb is all the hidden fees and ridiculous homework you have to do when leaving. Regulation could have gone to fix that but yeah here are some flying pigs! Airbnb could have gone to fix that. Why leave it to regulation?

> Airbnb could have gone to fix that. Why leave it to regulation?

when? they’ve had years. companies can’t logically fail to address a well known problem and then complain when regulations happen. there’s a sure way to slow regulations—address problems that you know will lead to regulation. don’t do… nothing, and then complain.

Re: New York’s crackdown on Airbnb began Tuesday

#64

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.

What percentage of NYC apartments are rent-controlled?

Re: New York’s crackdown on Airbnb began Tuesday

#65

Earlier quoted context omitted.

Come on. As much as i hate Airbnb this doesn't paint hotels in a good light for larger groups or those with kids. When you have stricter dietary restrictions cooking our own meals is highly desirable and affordable hotels in this area - nil. Travelling in a group .. okay good luck. What I hate about Airbnb is all the hidden fees and ridiculous homework you have to do when leaving. Regulation could have gone to fix th…

> What I hate about Airbnb is all the hidden fees and ridiculous homework you have to do when leaving. Regulation could have gone to fix that but yeah here are some flying pigs! Airbnb could have gone to fix that. Why leave it to regulation?

I agree. Airbnb should have done this instead of shafting the guests. This is why no tears lost seeing the crackdown! Frankly when I travel I avoid ABNB like the plague but still sad to see tourists with real needs having to scramble!

Re: New York’s crackdown on Airbnb began Tuesday

#67

> Opponents of the measure, though, claim that the new measure will do significant damage to the tourism industry in New York City — potentially driving would-be visitors to New Jersey Just LOL If you believe is that New Jersey is just waiting in the wings to take tourism from NYC I've got a bridge in Brooklyn available for a good price.

I guess Lin-Manuel was right…everything is legal in New Jersey.

I’m not sure what the context here is, but as a lifelong NJ resident I can assure you that there are a lot more legal burdens here than you find in most other states. Of course we do ignore most of the driving laws

Re: New York’s crackdown on Airbnb began Tuesday

#68
post #48

I wish every City does this. I believe Airbnb is one of the big reasons rents are raising in these Cities. Personally if it was up to me, I would have a 90% tax on receipts from Airbnb customers. If you are caught without being registered, your property is taken and sold off in a auction.

What portion of the housing supply would need to be Airbnbs to raise rents say 10%?

I just can’t seem to get the math to pencil so that the amount of investor owned Airbnbs would make a meaningful impact on the rents/prices…

Re: New York’s crackdown on Airbnb began Tuesday

#69
post #8

Earlier quoted context omitted.

I chuckled myself. Tourists spending thousands to visit the city aren't going to stay 2 hours away in another crap apartment in Jersey.

> I chuckled myself. Tourists spending thousands to visit the city aren't going to stay 2 hours away in another crap apartment in Jersey. Isn't new jersey right across the river from new york, with rapid transit lines going into new york? Your "2 hours" estimate seems wildly inflated.

jersey city took care of this years ago, like 70% of voters passed a bill regulating airbnbs. [0]

any rentals less than 30 days are not allowed unless it’s a room in your house, that you live in, and you have to be there, present, while the guests are there.

[0] https://www.nytimes.com/2019/11/05/nyregion/airbnb-jersey-ci...

Re: New York’s crackdown on Airbnb began Tuesday

#70

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.

Just looked at prices out of curiosity. Tiny studios in Manhattan going for 3500. Not sure how people rationalize paying that for such small space. That's crazy to me, and I've lived in some very expensive global cities.
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