Airbnb bookings dry up in New York as new short-stay rules are introduced

Under the new restrictions, short-term renters will need to register with the city and must be present in the home for the duration of the rental

Home-sharing company Airbnb said it had to stop accepting some reservations in New York City after new regulations on short-term rentals went into effect.

The new rules are intended to effectively end a free-for-all in which landlords and residents have been renting out their apartments by the week or the night to tourists or others in the city for short stays. Advocates say the practice has driven a rise in demand for housing in already scarce neighbourhoods in the city.

Under the new system, rentals shorter than 30 days are only allowed if hosts register with the city. Hosts must also commit to being physically present in the home for the duration of the rental, sharing living quarters with their guest. More than two guests at a time are not allowed, either, meaning families are effectively barred.

MargotRobbie,

The only way to resolve the housing market issue is to increase the supply of houses on the market, both in new developments as well as discourage vacancy.

So, with this new law, there’s no more vacant residentials being used as unlicensed hotels, which hopefully will lead to housing prices dropping. (Vacancy property taxes is also needed in my opinion)

Also, I’m against AirBnB in general, not going to be paying to clean somebody else’s house when I’m on vacation.

scrubbles,
@scrubbles@poptalk.scrubbles.tech avatar

It was such a cool idea to start with. Going away for the week? Make some spare cash. In town and need a place that offers more than a hotel? Here’s an awesome rate.

As soon as it became about landlords making profit it was ruined. It was supposed to be about spare cash, not squeeze people for all they’re worth

happyhippo,

I’m jealous

  • from Europe
MrBusinessMan,

This is big government overreach unfairly discriminated against landlords

Aabbcc,

If Justin Trudeau had any balls he’d implement a mandatory landlord tip for all renters

MrBusinessMan,

See now this I can get behind! Unfortunately communism runs in his genes so he will never stick up for the little guy landlords.

terranneer,

Have you considered that landlords should be discriminated against?

MrBusinessMan,

No, that would be discrimination against a minority which is pretty bad don’t you think?

terranneer,

Nah, I also discriminate against Nazi’s and they are also a minority

MrBusinessMan,

Have you considered that discriminating against Nazis makes you the real Nazi all along?

terranneer,

I’m fulfilling my role in the Paradox of Tolerance. Intolerance cannot be tolerated

Throwaway4669332255,

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.

aceshigh,
@aceshigh@lemmy.world avatar

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.

nova_ad_vitum,

NYC is full of these apartment blocks where reasonable apartments got split into 3 or 4 tiny units designed specifically to be put on Airbnb. If they each get 3-4 bookings a month, that’s way more money than would be made renting the whole apartments, which crushes the rental market and drives prices sky high. These measures Should have been implemented 10 years ago. Second best time is now.

ninjirate,

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.

Jyek,

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.

katmandood,

Honestly, I don’t understand what everyone has against short term rentals. It may be an unpopular opinion, but shouldn’t we let the market decide the best use of a space? For a city like New York that gets visitors and transient workers from all over the world, maybe it would be better for it to have lots of short term rentals. Ultimately the market would find an equilibrium between short term rentals, long term rentals, and owner occupied properties.

I do think there needs to be more regulation for the rentals though, probably similar to hotels. Any property being rented out should be subject to the same safety inspections and regulations.

merridew,

They increase the overall cost of both buying and renting a property within that market, and are a nuisance for existing residents.

Historically – in the UK, at least – the market equilibrium has been that the rich own all the property and the poor pay rent until they die, aware that they can be served an eviction notice at any time.

This has not proven to be a popular policy. In 1918 all British men, regardless of whether they owned property or not, got the vote, and since then politicians have found it useful to not have the majority of voters perpetually furious about it.

spaghettiwestern, (edited )

I live in an area with AirBnB rentals.

All of the neighbor problems I and my neighbors have had, without exception, have been from short-term renters. That includes noise that continues all night, off leash, aggressive dogs, unsupervised kids, and threatening, overtly hostile renters.

The “market” can’t deal with this kind of thing, it requires regulations and enforcement.

CileTheSane,
@CileTheSane@lemmy.ca avatar

but shouldn’t we let the market decide the best use of a space?

When it comes to something necessary for survival, like shelter, “letting the market decide” is a terrible idea.

For example: if corporations purchased all of the water so that people couldn’t access it, and you had to buy all your water from corporations, you couldn’t “let the market decide” what a fair price of water is. They have created this scarcity so they can profit off it, and the amount people are “willing to pay” to live turns out to be about “all the money they have.”

paraphrand,

And Nestle actively wants the dystopia you describe. Very good example.

katmandood,

Definitely not advocating for full blown free market capitalism. My comment was more along the lines of letting the market organically find the best solutions. The government should set broad goals, like “maximize the amount of occupied housing units and minimize homelessness” and then provide the appropriate incentives to guide the market in that direction.

I agree that for inelastic goods like healthcare, food, water, shelter the situation is even more tricky. NYC just seems to be limited in that sense with already high density and low supply. Having any form of vacant units should be taxed heavily. Maybe even extend this to progressively tax larger units that reduce density. Billionaires row where the ultra wealthy have an entire floor for an apartment that they never use makes no sense to me.

CileTheSane,
@CileTheSane@lemmy.ca avatar

The government should set broad goals, like “maximize the amount of occupied housing units and minimize homelessness” and then provide the appropriate incentives to guide the market in that direction.

So that’s not “letting the market decide the best use of space.” That is the Government deciding the best use of space and passing laws to encourage that, which is exactly what is happening here.

BradleyUffner,

The market isn’t deciding the best use for the space; it’s deciding the most profitable. These are two very different things.

spader312,

I love this way of looking at it. The market optimizes for profit not general good for the public

katmandood,

Definitely agree that the free market can come up with some undesirable solutions which is where I think regulation comes in to “guide” the more desirable outcomes that can be found organically. Personally, I think maximum occupancy and increased supply should be the goal where there is limited supply like NYC. Things like a vacancy tax and better zoning could help a lot.

Also, I’m not sure that I trust the government to find the best use of space either, especially in the face of corporate lobbying. The current road/highway system being built to the detriment of public transportation is a good example where a government prescribed solution can have a negative impact decades later.

aceshigh,
@aceshigh@lemmy.world avatar

the issue is that there aren’t enough available apartments in nyc. there’s high competition to actually get an apartment. it’s normal to look at apartments with all your papers ready and apply on the spot… and still not get the fucking place even though you have a very high credit score, have been working at your job for years, have high savings etc. so you end up having to keep applying to a bunch of places until your application gets accepted. it’s a nightmare.

Franzia,

I wanna draw a compromise like you. I think the rental system does suck ass and shorter terms could be better negotiated into the system.

The problem is that this current disruption in the market is making people homeless. So that some wealthy people can stay for the weekend.

The ‘market’ isn’t gonna solve this, these social conventions have always been written by lawyers. This market just keeps trying to squeeze people out to reduce housing supply for all but the filthy rich. But playing into that market is also zoning laws, approval processes etc. It would be nice to fill in these gaps! Hostels, taverns, larger hotel rooms for big groups, short term rentals for 1 - 3 months without ‘year long lease’ and all that crazy approval bullshit.

katmandood,

Agree that regulation and zoning laws can be way better but I’m not sure how much more could be done about supply in NYC. The place is already one of the densest on the planet. Having an vacancy tax makes total sense too. Make sure that maximum available supply is actually being used.

The issue seems to be short term vs long term rentals and I’m not sure if I favor one over another for a place like NYC where a large part of the population has always been transient.

angrymouse,

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.

ninjirate,

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.

chuckd,

So then the person creates an LLC and now the LLC owns the properties. Do you then think corporations shouldn’t be able to own more than 3 properties, too?

mikezane,

People would just create a different LLC for each property so limiting ownership for companies wouldn’t work either.

chuckd,

Exactly correct

Cavemanfreak,

Just limit the number of residential buildings a company can own then

chuckd,

And then should we limit how many corporations a person can operate?

Krauerking,

Sure, anti monopoly laws exist for a reason

chuckd,

Anti-monopoly? Unless a person owned every corporation that owned every rental property, anti monopoly laws wouldn’t apply.

Krauerking,

Limiting the number of companies someone can spin off and operate is reasonable to stop monopolies as well. An unlimited regulation would in fact just cause people to spinoff new companies whenever they hit a limit and just pretend it’s a different company and person doing anything. Limits to corporations is absolutely anti monopoly

aidan,

I don’t think you know what a monopoly is

Krauerking,

A single person or entity having control over specific commercial commodity or service or a vertical monopoly in which a group or entity own the means of production, distribution and other levels of the commercial activity,

All of which can be done by increasing the amount of companies that a group or entity runs or acquires.

People seem to forget we used to tell companies “no” about encroaching on other companies or buying them out to have a larger market share literally as anti-monopoly policies.

Cavemanfreak,

Great idea!

themeatbridge,

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.

randon31415,

Leave your dog in the house, call the stay a ‘dog sitting job’ instead of AirBnB.

hellishharlot,

Gotta pay min wage for that

deft,

i don’t think so? under the table and not enough to be taxed

popemichael,
@popemichael@lemmy.sdf.org avatar

I just sold my grandmother’s house in Feb.

I lucked out as that’s what we were doing and what the dude who got it was doing

That said, they will just move to Craigslist or a backpage-like site until they uncoordinated fix the law

AttackBunny,

Hasn’t Hawaii (at least on Oahu) had this for some time now? I know when you look up AirBNB and VRBO there are mentions of it, and to contact the owner directly, etc.

Zaktor,

It’s had it for a while, but enforcement was pretty spotty. I believe they’ve recently gotten buy-in from AirBNB to not list properties that weren’t permitted.

some_guy,

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.

Bonskreeskreeskree,

Hotels are not an end all be all solution. They are significantly more expensive when dealing with large family’s or groups of travelers. Most do not allow pets.

zaph,

That doesn’t outweigh the problems being created. A bnb isn’t supposed to be the same as renting a cabin for the week.

Bonskreeskreeskree,

So companies like VRBO are better than airbnb? How do you think cabins are getting rented?

zaph,

That’s a whole different sentence that I never said.

Bonskreeskreeskree,

Your last sentence says airbnbs are not supposed to be the same as renting a cabin for the weekend. I pointed out there are different companies effectively doing the same thing. Its not a far stretch. Let’s add in families like going to cities on trips and not just camping in the woods.

zaph,

And you conveniently missed things like population density. Put some thought into the why instead of looking for the first strawman that jumps out at you.

aidan,

Airbnb didn’t created supply shortages.

mrnotoriousman,

Too bad it's only the city doing this and not the whole state :(

frododouchebaggins,

Because the rest of NY state has a housing shortage??? Why do you want to enforce restrictions on real estate in places where people don’t want to live anyways? I’m from Buffalo and get told by people from NYC that no one wants to live here and it’s not a real city.

Ok. I agree. So why can’t I rent out my house on AirBnB when no one wants to come here anyways?

Please tell me where else in New York State there is a housing shortage and AirBnB is forcing people out of housing. I’ll wait.

SaltySalamander,
@SaltySalamander@kbin.social avatar

Because the rest of NY state has a housing shortage?

The entire fucking country currently has a housing shortage.

aidan,

Do you have a source? I’ve seen a lot of vacancies upstate.

Hacksaw,

Not to mention legitimate bed and breakfasts are still legal and well regulated businesses.

wolfpack86,

The problem is there are more instances of people who own places just to rent. Ban those. But permit people to rent places they actually have established residency in.

As an example… Boyfriends and girlfriends with their own places but spending the night swapping between are also super inefficient usage of resources. I’m obviously not suggesting that couples must live together… But they’re perfect for occasional Airbnb rentals. Rent it for the week and spend that week at your partners. Same with people who travel for work.

Pat12,

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.

I don’t know about prices in NYC but I can assure you that the cost of an airbnb in asia is nothing compared to the cost of a hotel (for the same standard)

SexyTimeSasquatch,

Airbnb prices are comparable to similar hotels, maybe even more expensive in the US and Europe. Same thing will happen in Asia once they gain the market share they’re looking for, then they’ll raise prices.

aidan,

Absolutely incorrect in central/eastern Europe. Hotels are usually $100+ a night for a suite, Airbnbs depending on the city can be as low as $50 a night for the whole apartment.

some_guy,

When we don’t have a housing crisis, this argument will be much more appealing. There’s massive homelessness where I live (Bay Area), so how much someone has to pay for a room is a lot lower on my list.

aidan,

Why can’t people live in hotel vacant rooms them?

aidan,

Hotels in NY and other cities need competition, smaller scale land owners renting their condos while on vacation, or their parents home that they wouldn’t sell anyways is perfectly fine. Hotels take up a lot of land and often have many vacancies so that is just as much of a problem, and yes tenants can longer term live in hotels- I lived in a hotel for around 7 months because it was cheaper than an apartment(not paying the market price but just talked to the manager) during COVID, many(maybe most) nights I was the only person in the building. Prices are a supply issue which existed long before Airbnb but it’s just easy to blame.

dystop,
@dystop@lemmy.world avatar

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.

SatansMaggotyCumFart,

That basement should be someone’s house.

_Mantissa,

Everyone who has a bit more room than they currently use has a moral obligation to be a landlord? to have flatmates during retirement? or should they be compelled to sell part of their lifelong home outright? Who sets that price, who retains rights to what, who pays for the renovations required to get separate utilities run? Do I get to evict them if I decide to use the space for a workshop or library as I pick up retirement hobbies? If the goal is to get people efficiently crammed into affordable living spaces, why on earth would you not just support affordable housing developments instead? It’s better for the quality of life of everyone involved, is actually feasible, and they can be built taller, cheaper, safer, and better for the environment if you include a light rail or bus line. Why do we need to drag people down in order to lift up others? Why can’t we all go up?

SatansMaggotyCumFart,

If they are using Airbnb then they are already a landlord.

Hotels are for short term, houses are for living.

_Mantissa,

It gets sticky with the semantics but I don’t think any reasonable person would call me a landlord for renting out my apartment for a week while I take a trip. Sure they are technically landlords but a host to short term tenets is not the same level of responsibility or cost. The contracts are different, the rights are different, and few people comfortable with short term tenets would be willing or able to accommodate long term tenets. That said, it shouldn’t be more cost effective to run a 24/7/365 airbnb versus renting the same property to a long term tenet. Like all things it can’t be explained so simply as “ban airbnb”. If that’s the real problem you want to solve then I think a good start would be at property taxes for properties without long term residents (landlord and tenets alike). But there’s absolutely nothing wrong with renting out spare rooms at will and that shouldn’t be discouraged or taxed as anything other than income, in my humble opinion.

SatansMaggotyCumFart,

If you look at the comment I replied to, it said they have a full furnished basement that they airbnb out.

I said it should be a house for someone to live in.

I’m not exactly sure where you’re getting “should they be compelled to sell part of their lifelong home outright” or “I don’t think any reasonable person would call me a landlord for renting out my apartment for a week while I take a trip” in my comments, it seems you’re either inventing something to get mad at or you have a guilty conscience.

brygphilomena,

Because that’s the standard of living? A basement?

Fully furnished? I own a home, my guest room is fully furnished in that it has a bed, desk, side tables, and a TV.

Listen to yourself. Fully furnished doesn’t mean the same as configured with separate utilities, a separate entrance, a separate kitchen, or separate bathing facilities.

SatansMaggotyCumFart,

I’m glad you’re housing secure with a guest room, it must be nice.

Some people would kill for a full furnished basement and instead of being rented out short term it could be housing someone instead and leave the short term to hotels.

I really don’t understand why this is such a controversial view.

merridew,

In this specific instance, I suspect it is because there is every indication that the basement room rented by OP was not, in fact, a fully self contained suite within a house, but was a guest room.

How do you physically get into these “basement suites” in your part of the world? When I lived in a townhouse, access to the cellar was via a door in the middle of the property leading off the kitchen. There would be no practical way to split the cellar off from the main property as a separate dwelling. But having guests sleep down there every so often was no big deal.

SatansMaggotyCumFart,

Some are walk out basements and have their own ground level entry, some are a separate door and other are a door in the middle of shared living space.

merridew,

Interesting. Here, when conversions happen to make cellars into self-contained units, I’d argue they are frequently only suitable for short term lets, on the basis that no-one should have to live like that. In converting properties whose lower ground floors were never meant to be used for residential purposes into housing, we get stuff like this.

Rental Opportunity of the Week: A Remodelled Crypt, for GothsYour own windowless basement in London Bridge, for just £2,000 a month.

vice.com/…/rental-opportunity-london-bridge-basem…

SatansMaggotyCumFart,

It’s brutal but what if you have a choice of that or being homeless?

Now if that’s being used as a hotel and your only choice left is to be homeless?

There’s so many more problems then just airbnb but it’s not helping either.

merridew,

It goes for £2000 a month ($2500) and is in Zone 1, a 25 minute stroll from the London Stock Exchange. You aren’t going homeless if you have £2000 a month to spend on rent, and Zone 2 is one stop away on the Jubilee line. You’re moving to Zone 2/3, or moving into a flatshare. Or out of London.

Given the location, pricing and finish I suspect it’s more likely to be used as a pied a terre – a second (weekday) home – for someone in the City.

SatansMaggotyCumFart,

Is that a house you live in during the week so you don’t have to commute from your primary house?

merridew,

Correct. Well, not all the work week. One person will sleep in it Monday-Thursday. Maybe Friday if it’s a heavy one.

ETA: Rest of the family will be living in a separate house outside the Home Counties where the schools are better.

Ataraxia,

I wouldn’t want someone living in my basement full time. I have no obligation to make that basement available to live in wtf kinda bullshit is this.

SatansMaggotyCumFart,

Then don’t rent it out?

stigmata,

Uh, no one said that, dude.

Squizzy,

Ah stop, I get the intention but b&b’s are a thing and always have been. Wanting to sporadically have a visitor in your retirement shouldn’t require becoming a permanent landlord.

SatansMaggotyCumFart,

People should not be running hotels in residential areas.

merridew,

If the owners are living in it at the same time, and you’re renting out a room, that’s hardly a hotel.

SatansMaggotyCumFart,

The original comment was a basement that they were renting out short term.

merridew,

I don’t see how that matters. A spare room is a spare room whether it’s in the basement, the first floor, or the attic.

SatansMaggotyCumFart,

Where I’m from basement suites are pretty popular. It’s a fully contained suite in the house.

What used to be fairly cheap accommodations are now being rented out as hotels and it’s causing a lot of housing problems. If it’s just a room in a basement that’s one thing but it doesn’t sound like it is.

Do you understand where I’m coming from now?

merridew,

I understand that. OP expressly described this basement experience as “renting out spare rooms”, though, so I hope you’ll understand why I’m treating this as a spare room being rented out.

I live in London and am very familiar with the issue of affordable self-contained accommodation being flipped into overpriced Airbnb units, and I would agree with you that such units should be retained as residential housing.

SatansMaggotyCumFart,

I still stand by houses are for long-term housing and hotels are for short term rentals.

I enjoy the discourse in conversations like this but I think airbnb is a blight in all forms.

merridew,

Well on that we are definitely in agreement.

stigmata,

It’s so fucking obnoxious the way people try to make outlier situations as if it invalidates the argument. You know god damn well the situations you’re describing are an extremely tiny percentage of airbnb usage (honestly if any at all). Don’t be daft.

_Mantissa,

what? I was talking about this specific basement in the rockies, it’s already an outlier. top level comment was using it to demonstrate what airbnb should be which is all I was agreeing with. I totally agree you too, that the majority of airbnbs are just hotels with no regulation and that we need to fix that. that’s just not what we are talking about here.

SatansMaggotyCumFart,

I like the part where you called me a troll because I didn’t want to DM with you.

Real classy buds.

HenryHashbrown,

I agree. We’re short so much housing, I’m sure there are so many in that community that would leap at those accomodations.

SatansMaggotyCumFart,

I’m surprised how many people have disagreed without taking the time to explain why.

Bonskreeskreeskree,

I’m surprised you expect anyone to take you seriously with that name

SatansMaggotyCumFart,

I don’t.

stigmata,

Implying anyone’s name is taken more seriously than another. Are you serious?

the_post_of_tom_joad,

That basement should be someone’s house

Expecting someone to debate this shit right here? There’s absolutely no need. There’s no way you’re saying this seriously. If you are, the onus is on you to explain why this isn’t you being facetious or just shitposting

SatansMaggotyCumFart,

I’m shitposting because I think houses should house people and not be a hotel?

the_post_of_tom_joad,

Oh, you want to have a little fun with me?

First explain your initial point, fully. You will do this first, on your next comment to me, or i will read your comment as “im shitposting and kind of new to trolling”

Since i think ive already seen your best, this is probably goodbye.

SatansMaggotyCumFart,

Houses should be houses, not hotels.

It’s pretty simple and if I have to say the same thing to you again I will.

Bodongs,

They’re already using it as a house.

I have a finished basement. I could fit a bed down here. Am I somehow obligated to let somebody live here? You sound like a teenager.

SatansMaggotyCumFart,

Do you Airbnb it out?

merridew,

I slept on a pull out bed in a mate’s living room once so I guess that should be converted into a separate dwelling.

SatansMaggotyCumFart,

Excellent reading comprehension.

Bodongs,

If I wanted to that still doesn’t mean I am obligated to be a landlord.

SatansMaggotyCumFart,

If you Airbnb’d it out you would be a landlord.

Ataraxia,

Houses should be used by home owners as they see fit a long as it isn’t endangering anyone. Houses shouldn’t be purchased as an investment to solely be used as hotels.

SatansMaggotyCumFart,

Houses shouldn’t be purchased as an investment to solely be used as hotels.

Houses should be used by home owners as they see fit a long as it isn’t endangering anyone.

Isn’t this contradicting yourself already?

merridew,

Some people own more than one house, and perpetually rent those properties out via sites like Airbnb.

So we have:

  • Buying a property that you don’t intend to live in, so that you can rent it out to other people as a short term let.
  • Buying a property that you live in, and occasionally renting out a spare room as a short-term let while you continue to occupy the property.

These are not the same.

SatansMaggotyCumFart,

They literally say “Houses should be used by home owners as they see fit a long as it isn’t endangering anyone.” but “Houses shouldn’t be purchased as an investment to solely be used as hotels.” which isn’t what you are saying there.

_Mantissa,

Just for the record I tried to find common ground with them in dms to avoid spamming the top comment thread with off topic comments and they are actually just trolling. I believe there is merit in deconstructing these trolls that seem like reasonably misinformed people at a glance. Too many folk will read it without thinking critically and carry on the stupid into real life. Very good trolling though, it seemed really genuine for a while. So good job, Satan, I guess.

the_post_of_tom_joad,

I appreciate your digging into it more thoroughly, friend.

SatansMaggotyCumFart,

I asked you to continue to reply in the thread, and that I did not want to DM with you.

https://lemmy.world/pictrs/image/3f7233b0-8eec-4043-8707-e1c36e3a1d6c.png

https://lemmy.world/pictrs/image/02f9e368-6d44-4715-abd7-1e64da5bad45.png

SaltySalamander,
@SaltySalamander@kbin.social avatar

In other words "I can't troll real well in DMs"

SatansMaggotyCumFart,

Why would I have a private conversation with someone I don’t know?

Ataraxia,

Sure let’s force people to rent out for furnished rooms now. I have two and sometimes guests stay here but if I wanted to set up a b&b and have someone here a few times a year it sure shit doesn’t mean o have to rent it out permanently. The idea of being forced to live with strangers permanently disgusts me. This is my house and I need my privacy. It’s the government’s job who gets my tax money to fix housing not mine.

HenryHashbrown,

Agree about the government needing to fix the housing crunch. To be clear I’m not proposing to forcibly rent your basement. What I object to is allowing residential stock to be used for vacation rentals. It’s turned homes into financial instruments, and as to often happens with such, it benefits a few at the cost of many.

And really I don’t know how you got from what I said to forcing out your extra rooms. On a personal note: maby you should examine why having others near you is disgusting. I understand wanting privacy, but that’s some strong language you used.

BilboBargains,

*some neckbeards house

Smoogs,

in a case of a house shortage, maybe… but The issue is not that there is a house shortage. It is that the houses are not being used as houses. There are more than enough houses in almost every city to home everyone and several times over to house the homeless. But that isn’t what the houses are being used for. If they were then yeah, they’d have the space likely to rent out like an Airbnb. But there should be no homeless anywhere if there’s enough rooms to pull off Airbnb. But no one is looking at the homeless as an issue before starting an Airbnb.

Airbnb is unchecked capitalism that got way out of hand. It’s very fucked up to call this a society anymore. This is hell.

Mdotaut801,

Good.

SCB,

This does nothing to address NYCs actual housing shortage, and will hurt the market more than it helps.

New York City’s housing stock has only increased 4% since 2010, not nearly enough to keep up with its 22% increase in jobs. And from 2017 to 2021, New York City permitted 13 homes for every 1,000 residents in 2017

archomrade,

Housing stock isn’t just total number of housing units, it’s available housing on the market. This will absolutely free up property that’s been hoarded off for AirBNB rentals

wahming,

I would be interested to see stats on the impact of this a year down the line. From what I’ve seen, Airbnb has a very tiny percentage of actual housing stock, but (deservedly) disproportionate impact on public perception.

archomrade,

I do actually think it’s a small percentage, but it’s been reported that a lot of realtors/landlords have been running AirBNB’s in empty units fraudulently in order to skirt laws and regulations. Not sure if it’s still happening (I saw this reported maybe 3 years ago now?).

Institutional landlords make up a large chunk of the housing stock though, we need to combat that as well.

wahming,

The Airbnb figures come direct from Airbnb, so there’s only so much inaccuracy possible.

stigmata,

“Units being sold for permanent living than being bought to rent out days at a time will cause a housing shortage.” lol

hypnotoad,

Not surprised that NYC is overcorrecting once again. I work in the industry and out of 2500 apartments we estimate around 20 are tenants involved in short term rentals. The last two we caught were even people that rent multiple rent-stabilized apartments and run their own business on Airbnb. This not only puts a pressure on unit supply in general but also specifically removes affordable housing opportunities for those in need.

At least with the buildings I’m involved in, the bigger issue is the state removing any ability to raise rents on vacant rent-stabilized units. We have at least 60 units sitting vacant indefinitely because it would take over 5 years to recover the cost of fixing up the unit and getting it rented. This rule was meant to stop shitty landlords drom taking advantage of tenants but if their focus was on tenant protection laws instead of completely removing all incentives to invest capital in old units they wouldn’t have swapped one issue for another.

I’m sure there are legitimate uses for Airbnb that have now been completely eliminated and we’ll see unintended consequences down the line.

SCB,

A lot fewer people are going to vacation to NYC, because NYC hotel rooms are small and unattractive whereas AirBnBs were not.

SaltySalamander,
@SaltySalamander@kbin.social avatar

Fucking lol.

neptune,

Turns out people will just go back to hotels. Novel concept.

exussum,

NYC has existed before, and will exist after Airbnb

spamfajitas,

I think a lot of people have kinda forgotten what NYC was like before companies like airbnb and uber showed up.

Before Uber, there were underground networks of ride sharers that had to evade the police by using “secret” signals and code words. It was absolutely wild, required a ton of trust and only really existed because of the stranglehold the cab companies had over the city.

I wouldn’t be surprised if there was a similar system in place for rentals before airbnb showed up.

TimewornTraveler,

“removing any ability to raise rents on vacant rent-stabilized units”

Am I misreading or doesn’t this actually sound great? Whoever wants to raise the rents can fucking starve for all I care. if it’s too expensive to fix and rent out then you should lose the place. what’s not happening?

triplenadir,
@triplenadir@lemmygrad.ml avatar

At least with the buildings I’m involved in, the bigger issue is the state removing any ability to raise rents on vacant rent-stabilized units

NYC housing law allows close to unlimited rent increases when apartments are vacant, especially if there are (however dubious) “improvements” made.

If your “issue” is “inability to endlessly profit off an investment in something that should never have been treated as a financial instrument in the first place”, then get fucked. Otherwise, please explain.

Ononotagain,

5 whole years to see a return on investment! Regulation has gone too far! /s

ares35,
@ares35@kbin.social avatar

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.

Overzeetop,

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.

NateNate60,

Originally my mum moved my brother and I into the same room and rented out the empty room for $40 a night. The cleaning fee was $20 and we still cleared $2,000 in one summer.

My brother and I each got a 5% cut and we bought ice creams from Safeway every day for a week until we got wicked stomach aches

mustardman,

I believe it since that’s how actual BNBs work.

Iteria, (edited )
@Iteria@sh.itjust.works avatar

I was with them until they banned more than 1 guests at a time. Are you a couple needed somewhere quick to stay before going to an airport or something? Go die in a fire. New York only wants solo couch surfers. People who want a friend along. A single person with a child. A family in a money crunch, anyone really can just pound sand.

That is a super bizarre and IMO indefensible position. If someone wants to host more than one person in their home for a short span why is does they city even care?

I’m also worried about how this could be abused. What if you legitimately take someone (or even two someones) in for a week, kick them out and then they report you for being “an unregistered short term rental”. This is going to be a shitshow.

Edit: alright I misread this morning. It’s 2. Still bullshit. Why have a limit at all with the other stuff. My same complaints apply now with one more person. It’s not like 3 people groups (aka 2 parents an a single child or one parent and 2 children, etc) are uncommon.

IMO hotels just don’t fill the niche of needing a cheap single night or needing to have a bunch of people for a long time. Traveling with my family got so much better when airBNB became a thing.

Carobu,

“Are you a couple needed somewhere quick to stay before going to an airport or something?”

Damn, if only there was some sort of established and regulated type of business where you could rent lodging by the night in New York City. I bet they could make a whole lot of money building big buildings full of rooms you can rent like that.

“What if you legitimately take someone (or even two someones) in for a week”

Do you make a habit of charging your friends and family that come visit you?

Shardikprime,

Maybe they do. What’s that to anyone else? Maybe they also eat broccoli and mint ice cream

bluGill,
@bluGill@kbin.social avatar

Airbnb is a lot better than a hotel for families: you get several bedrooms plus a full kitchen for a similar price to a hotel that only gives you two beds in a room. That kitchen will save a typical family $100/day over a hotel if they cook their own meals.

timbuck2themoon,

Yeah and for that convenience you fuck over actual people in the city who need a place to live.

Sorry but fuck airbnb for this.

bluGill,
@bluGill@kbin.social avatar

Your city needs to build more if there is a problem. People who live there should not have more rights than people who visit.

SaltySalamander,
@SaltySalamander@kbin.social avatar

AirBNB isn't a right.

Iteria,
@Iteria@sh.itjust.works avatar

Damn, if only there was some sort of established and regulated type of business where you could rent lodging by the night in New York City. I bet they could make a whole lot of money building big buildings full of rooms you can rent like that.

As someone who has a big ass family, hotels fucking suck for families. When I compare my childhood vacations in hotel to what we do now in airBNB, we do airBNB every single time.

Do you make a habit of charging your friends and family that come visit you?

I have in the past when I was hard up for money because food costs for extra people can be great.

MNByChoice,

From article and summary:

More than two guests at a time are not allowed

Where are you seeing a limit of 1?

Iteria,
@Iteria@sh.itjust.works avatar

I read it in the summary, but I guess I made a mistake. I still think it’s ridiculous. Like why have a limit at all on who people want to host in their house?

merridew,

There are typically limits on residential building occupancy. To put the kibosh on things like this, for example:

Landlord who packed 40 tenants in four-bed Wembley home given first ever Brent Council banning order standard.co.uk/…/london-rent-landlord-banned-bren…

I assume NYC has similar regulations. If the ordinary residents are also in the property, things could get quite snug.

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