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The End of Airbnb in New York
(www.wired.com)
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this post was submitted on 08 Sep 2023
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This move was entirely brought about by the corporate hotels in the area.
AirBnBs are not the cause of the housing crisis. Corporations, and especially those from overseas, buying up properties so that they can be rented out (again, not through AirBnB), are the issue. That goes for NYC and across the country.
This is a hit to my family, but we’ll carry on. We put my grandmother’s house in Queens on AirBnB three years ago. No stupid cleaning fees or asinine rules. It’s literally a family home open to people wanting to stay a few days. We only had it on AirBnB to cover the taxes for the house that’s been in our family 70 years. We’re not suddenly going to sell the house, so now it goes to 30+ day rentals or sits empty. I guess it will be easier for me to block out days now, but whatever…
Congrats on being the minority. You're not the problem, but many others are not in your position.