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What Airbnb Did to New York City

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Re: What Airbnb Did to New York City

#91
post #69
post #54

Earlier quoted context omitted.

All 4 happened with regularity before uber. Are you literally 12? And how did mentioning that minorities were disproportionately affected become calling either company racist? The only racisim i see is buried in the assumptions made in your comment.

I think the grandparent poster was right - AirBnb opens up a way for people to see life in communities that were difficult to access before. That's what I appreciate most about it - how natural it feels to live like a local person. Living in a hotel while travelling feels artificial now.

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Re: What Airbnb Did to New York City

#92

Earlier quoted context omitted.

>"... or the difficulty of building new housing stock in the city." What difficulty? I'm guessing you haven't visited NYC in quite some tie. New York City has experienced an almost continuous building boom for the last 20 years. See the NYC Construction Dashboard: http://www1.nyc.gov/assets/buildings/html/dob-development-re... Note the the graph for "NYC Employment: Construction of Buildings (2000 - 2016)" >"The endl…

I've lived here in NYC for decades. Most of the new buildings that go up are luxury condos, out of reach for mere mortals like myself. I actually purchased a condo in a new building in one of the neighborhoods this article mentioned about a decade ago but I was never able to move in, even after signing the contract, because the city wouldn't grant a certificate of housing occupancy to the builder (long story). But ye…

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Re: What Airbnb Did to New York City

#93
post #16
post #11

Air BnB is terrible for smaller, more touristy towns as well, like Traverse City, MI where housing prices and rents have skyrocketed. Used to be able to rent a granny flat as a service worker...those are all Air BnB'd now.

They stop fixing anything and offer the tenant tens of thousands of dollars to move out.

Actually, they have stopped offering tenants money to move out unless they get a crop of tenants who know their rights and have some kind of leverage to enforce them (these are usually more affluent tenants who hung onto stabilized lease who band together). Instead, they silently declare war on existing tenants by demolishing their homes while they live in them. Then, tenants who understand this to be classic slum lord harassment begin the assembly of an endless paper trail to get them to pay them to leave. By the time tenants get landlords to pay, the money offered is a piddling sum which covers only property damage and health care costs of tenants they have made sick or injured with dangerous, dust-filled construction air, and falling bricks from their ceilings. They break tenants down until the tenant will take a few thousand bucks just to get to leave and not be charged for the remaining months on their leases. I know this because these practices swept my and my friends' Brooklyn neighborhoods absolutely clean of long-term renters beginning about seven years ago. Another key development signaling that this problem is rampant is the fact that De Blasio has instituted a new initiative to punish landlords for harassing tenants in this and other ways because it had become such an epidemic. Unfortunately, the problem is so widespread that only the absolute worst of the worst are punished for treating tenants like this.

But treating tenants like this at every level of the NYC market is really just part of the codified MDL landlord playbook in NYC. It isn't just for slum lords anymore. Market rate rental tenants are harassed, asked to provide 6 months' security (often not returned) and the landlords make no repairs until they are taken to court. This used to be the domain of the slum lords and a few ultra-shady landlords. These days, you can't pay for a rental unit and a landlord who offers a product you signed-up to pay for. (this basically applies to landlords under the MDL, not rich people who rent out a floor of their brownstone- they are not "career landlords") As a tenant, you need to keep filing HP actions in Housing Court in order to get basic services like heat and hot water, even in so-called "luxury" buildings. In this climate of unaffordable "luxury" rentals that are run like slums by the landlords (but look "nice" to a casual observer) a tenant's only option in many cases is to find a way to double up with a friend or to leave the city and Airbnb when they can. The tenant protection laws that are constantly trumpeted are only as good as the mechanism to enforce them, and while the city pays lip service to the idea of protecting tenants from harassment, injury, or swindle, their interest is really with the landlord. Housing court doesn't offer solutions to major tenant problems beyond what is listed in "The Warranty of Habitability". If a tenant wants the parking space they paid for so they can have a car to get to work while they live out in the boonies 1.5 hour commute on congested and failing public transport, they will have to put down a $20,000 retainer to have that case tried in Supreme Court. Housing court doesn't handle such matters.

edited to: make a distinction between landlords who own large buildings and the wealthy folks who make extra money by renting out an unused floor of their brownstone. I'm speaking about the former here.

Re: What Airbnb Did to New York City

#94

Earlier quoted context omitted.

>"... or the difficulty of building new housing stock in the city." What difficulty? I'm guessing you haven't visited NYC in quite some tie. New York City has experienced an almost continuous building boom for the last 20 years. See the NYC Construction Dashboard: http://www1.nyc.gov/assets/buildings/html/dob-development-re... Note the the graph for "NYC Employment: Construction of Buildings (2000 - 2016)" >"The endl…

I've lived here in NYC for decades. Most of the new buildings that go up are luxury condos, out of reach for mere mortals like myself. I actually purchased a condo in a new building in one of the neighborhoods this article mentioned about a decade ago but I was never able to move in, even after signing the contract, because the city wouldn't grant a certificate of housing occupancy to the builder (long story). But ye…

Why would you expect that apartments in NYC will be available for mere mortals? There's 7 bln people on the planet and let's say 1% of them would move in if prices were affordable. It's an alpha plus plus city, only two of these, both biting expensive.

Re: What Airbnb Did to New York City

#95
post #59

Earlier quoted context omitted.

It’s nice that you’re benefiting, but rent control is relatively well studied and it doesn’t achieve its aims. https://www.economist.com/blogs/economist-explains/2015/08/e...

Really? Because rent control certainly myself and everyone I knew in a similar situation with a chance at class mobility. Rent control allowed my mom to stop being a cab driver and go to nursing school. Rent control facilitated me getting a really great education and career. I grew up needing food stamps, handmedown clothes and even shoes. How can you, with a straight face, tell me that bullshit?

The alternative to rent control is subsidized housing. Is that a bad thing?

Re: What Airbnb Did to New York City

#96
post #59

Earlier quoted context omitted.

It’s nice that you’re benefiting, but rent control is relatively well studied and it doesn’t achieve its aims. https://www.economist.com/blogs/economist-explains/2015/08/e...

Really? Because rent control certainly myself and everyone I knew in a similar situation with a chance at class mobility. Rent control allowed my mom to stop being a cab driver and go to nursing school. Rent control facilitated me getting a really great education and career. I grew up needing food stamps, handmedown clothes and even shoes. How can you, with a straight face, tell me that bullshit?

Because you benefited at the cost of others. For everyone that has your success story, rent control causes a number of others to have even less access to affordable housing.

Re: What Airbnb Did to New York City

#97

Easy to blame lack of affordable housing on AirBnB and not, say, rent control laws or the difficulty of building new housing stock in the city. I get not throwing grandma out of the $250/month 4BR she’s been living in for 50 years, but it means something like 200,000 rent-controlled/rent-stabilized units are also raising everyone else’s rent by decreasing inventory. The endless red tape in new construction makes non-…

>"... or the difficulty of building new housing stock in the city." What difficulty? I'm guessing you haven't visited NYC in quite some tie. New York City has experienced an almost continuous building boom for the last 20 years. See the NYC Construction Dashboard: http://www1.nyc.gov/assets/buildings/html/dob-development-re... Note the the graph for "NYC Employment: Construction of Buildings (2000 - 2016)" >"The endl…

Mike Bloomberg was probably the most developer friendly mayor New York has seen in decades. That growth is largely all due to him.

Re: What Airbnb Did to New York City

#98

Earlier quoted context omitted.

Really? Because rent control certainly myself and everyone I knew in a similar situation with a chance at class mobility. Rent control allowed my mom to stop being a cab driver and go to nursing school. Rent control facilitated me getting a really great education and career. I grew up needing food stamps, handmedown clothes and even shoes. How can you, with a straight face, tell me that bullshit?

Because to the kind of people who leap to the defense of businesses like Airbnb and slag off rent control, this is just an abstraction. They don’t know or care about the poor people who these policies helped, and think they’ll find some measure of safety by aligning themselves with the Capital class. They won’t in the long run, but that’s where we are now.

It's a really good rhetorical trick they pull. "The Market" is making things more expensive because you pulled something off the market! Supply and demand buddy! Of course, if pulling some units off the market is good, why not pulling all of them off? The insane speculation has to stop, it literally destroyed the economy in 2008.

Re: What Airbnb Did to New York City

#99
post #78

Easy to blame lack of affordable housing on AirBnB and not, say, rent control laws or the difficulty of building new housing stock in the city. I get not throwing grandma out of the $250/month 4BR she’s been living in for 50 years, but it means something like 200,000 rent-controlled/rent-stabilized units are also raising everyone else’s rent by decreasing inventory. The endless red tape in new construction makes non-…

Personal experience and this has nothing to do with New York City but I can understand the article POV. I recently moved to an island in Greece. The small town am living in, has the exact same issue that the article is describing, yet even worse. Everyone, literally EVERYONE, has their apartments/houses/properties that they don't live in, turned into Airbnb's. Doesn't matter if its in the town center or 30 miles out…

>So yes all in all, airbnb and similar sites, create a massive issue and I feel like something should be done about it.

It seems like the issue is a massive housing shortage and the solution is to build more housing.

Re: What Airbnb Did to New York City

#100

Earlier quoted context omitted.

I've lived here in NYC for decades. Most of the new buildings that go up are luxury condos, out of reach for mere mortals like myself. I actually purchased a condo in a new building in one of the neighborhoods this article mentioned about a decade ago but I was never able to move in, even after signing the contract, because the city wouldn't grant a certificate of housing occupancy to the builder (long story). But ye…

Why would you expect that apartments in NYC will be available for mere mortals? There's 7 bln people on the planet and let's say 1% of them would move in if prices were affordable. It's an alpha plus plus city, only two of these, both biting expensive.

NYC is our city. It's for everyone. If the wealth is too concentrated there, split it up. You'd want to turn my hometown into some kind of apartheid disneyland for the rich.
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