the early days of airbnb was basically this concept.
they didn't start out as a marketplace for unregulated hotels that destroy housing markets. that didn't happen until after they started cashing checks ~~venture~~ vulture capitalists.
this post was submitted on 06 Sep 2023
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So many people forget this origin. Air mattress in your spare room (in SF), iirc.
As much as I, personally, prefer a house when away - either with the family or as a couple - this is one of the drivers behind the crunch in housing. People can’t possibly afford to by a place to live when the competition is a wanna-be property “entrepreneur” who is going to get 2-4x market rent by doing short term rentals.
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I took a trip out to the Rockies earlier this year, and booked an AirBnB. The listing was for the basement of a house where a lovely old retired couple lived. The basement was decorated and furnished beautifully, and we got to chat with the couple every now and then. They gave us recommendations to a farmer's market which was pretty cool.
It was the first time I've ever booked an Airbnb that was true to its original mission. This is what AirBnb should be - renting out spare rooms - and not a turn-an-apartment-unit-into-a-hotel thing.
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NY is killing it. More of this, please.
Airbnb has fought the rules in court, arguing they were essentially a ban, and that they would hurt visitors looking for affordable accommodation.
They're called hotels. A ban is appropriate. Fuck you.
Not to mention legitimate bed and breakfasts are still legal and well regulated businesses.
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Damn this seems like a hot take given the comments but I think these rules are dumb. If I go on a two week vacation somewhere else I should be able to rent out my place for those two weeks. The issue isn't AirBnB as a whole, it's people buying up places for the express intention of only using it for AirBnB,
There should be some cap on often a place can be used for short term rentals like 4 weeks out of the year, enough that people who vacation somewhere else can use AirBnb and low enough that it makes more financial sense for people to rent it out long term instead of short.
The issue is how to enforce granular rules like that. You'll end up with people buying time shares of airbnbs or some other wacky workaround. The issue ultimately is, if you leave any wiggle room, grifters will ruin it for the people using that wiggle room as intended. You can't put in a law and expect everyone to adhere to the spirit of said law. I think with the litany of other property value issues that NY has, this hard line in the sand makes sense. It sucks that the grifters ruined it for people like you and I but the fact of the matter is that they did.
There should be a cap to how many buildings a person or a company can own. Why a person can have more than 3 homes? In the current world, this does not make any sense.
100% agree and while at it I don't think any single family homes or rowhouse/townhouses should be owned by corporations. Apartments and such I can understand the building owned by a management company that only does long term rentals but otherwise homes should be owned by people.
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Trouble is, any legitimate effort to stop that sort of property prospecting would affect other real estate development, which is a huge industry (and political contributor) in New York.
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I don’t know how I feel about this. On one hand: I dislike the trend of commercial companies buying up living space to turn around and rent it out to disruptive short-term tenants.
On the other hand: I don’t want to have anyone else present in my rental with me because that’s creepy.
That's the point.
If you and I stay in hotels, people who work there will be able to afford to live near there.
They want you back in a hotel
I want them back in a hotel too.
Yes, where they should be.
If you’re travelling somewhere then stay in a hotel, it’s what they’re for.
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And why is that a bad thing?
It's the same as ride-sharing ... which, when it started, was advertised as a cheaper alternative to taxis/cabs but that's no longer the case.
I use taxis instead od ride-share because taxis are regulated and they have to buy licenses. Does this make them better? Not really, but they are contributing to the local economy through the tax base ... and that alone does make them better.
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I think these aren't thought out.
One way to improve them might be to make them only apply to hosts with more than one property. Like if I own a home I should be able to rent it out.
the issue is that it's not individuals renting out their homes, it's corporations that rent or purchase many apartments and then put them on air bnb. additionally, landlords leave apartments vacant for many months. both of these factors make renting harder and more expensive in nyc.
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So basically they decided to ban Airbnb. I wouldn't be surprised if hotels lobbied for this
I wouldn’t be surprised if people living next to Airbnb’s pushed for this as well.
It’s horrible having holidaymakers show up to an otherwise residential building/area.
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airbnb has a lot of hate from a lot of directions in NYC. Hotels, yes, but also from renters and homeowners.
Airbnb units remove long term rentals from the market, in a city which is desparately short on affordable, middle, and even luxury housing units.
Airbnb units in condos and coops (which usually violata the bylaws) create noise and safety conditions.
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