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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

#71

Post by gaadd33 »

eappleby wrote: post #10

I think the biggest benefactors of these laws (outside of the hotel industry) are real estate agents. The value of real estate agents has dwindled for years, but if they can help connect homeowners with short term renters, they can provide a lot of value and potentially skirt these laws.

If real estate agents in NYC can do that I would be very impressed given they generally struggle to find and rent apartments when given basic criteria as to what is acceptable. It would definitely improve the entire profession if they could replace airbnb.

Re: New York’s crackdown on Airbnb began Tuesday

#72

Post by JumpCrisscross »

gaadd33 wrote: post #71
eappleby wrote: post #10

I think the biggest benefactors of these laws (outside of the hotel industry) are real estate agents. The value of real estate agents has dwindled for years, but if they can help connect homeowners with short term renters, they can provide a lot of value and potentially skirt these laws.

If real estate agents in NYC can do that I would be very impressed given they generally struggle to find and rent apartments when given basic criteria as to what is acceptable. It would definitely improve the entire profession if they could replace airbnb.

New York rental agents are awful. But the usual workaround for these laws is an N-day lease with <N use days. So the law winds up being a rate limit, versus a ban, which I think keeps everyone happy.

Re: New York’s crackdown on Airbnb began Tuesday

#73

Post by [deleted] »

jmclnx wrote: 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.

[deleted]

Re: New York’s crackdown on Airbnb began Tuesday

#74

Post by wenc »

totallywrong wrote: post #70
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.

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.

Location location location. I would pay $3500 if it meant I could live in NYC. (I'd rather pay less, of course)

Re: New York’s crackdown on Airbnb began Tuesday

#75

Post by im3w1l »

totallywrong wrote: post #70
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.

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.

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.

Re: New York’s crackdown on Airbnb began Tuesday

#76

Post by [deleted] »

mancerayder wrote: post #45
JumpCrisscross wrote: post #35

Two hotels in the centre of Manhattan—the Redbury and Paul—just converted to refugee motels. There is a layer to this popular discourse is missing, and I’m unclear what it is.

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.

[deleted]

Re: New York’s crackdown on Airbnb began Tuesday

#77

Post by the_doctah »

JumpCrisscross wrote: post #35

Two hotels in the centre of Manhattan—the Redbury and Paul—just converted to refugee motels. There is a layer to this popular discourse is missing, and I’m unclear what it is.

NYC attempted to grant voting rights to noncitizens who had been residents for over 30 days. Auspicious timing.

Re: New York’s crackdown on Airbnb began Tuesday

#78

Post by totallywrong »

wenc wrote: post #74
totallywrong wrote: post #70

Earlier quoted context omitted.

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.

Location location location. I would pay $3500 if it meant I could live in NYC. (I'd rather pay less, of course)

Priorities I guess. I would feel pretty stupid paying that money to live in a shoe box, wherever it might be located.

Re: New York’s crackdown on Airbnb began Tuesday

#79

Post by paulgb »

cnasc wrote: post #67
lotsoweiners wrote: post #28

Earlier quoted context omitted.

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

The context is a lyric in the musical Hamilton referring to the Hamilton-Burr duel, which took place in NJ. Apparently dueling was already illegal in NJ.

Lin-Manuel didn’t invent the phrase, and I wonder if the original meaning was more in the spirit of “New Yorkers can get away with violating NJ laws” rather than “New Jersey literally has no laws”.

https://www.revolutionarywarnewjersey.com/new_jersey_revolut...

Re: New York’s crackdown on Airbnb began Tuesday

#80

Post by JambalayaJim »

totallywrong wrote: post #78
wenc wrote: post #74

Earlier quoted context omitted.

Location location location. I would pay $3500 if it meant I could live in NYC. (I'd rather pay less, of course)

Priorities I guess. I would feel pretty stupid paying that money to live in a shoe box, wherever it might be located.

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