![]() But the link between the amount of short-term rentals and housing affordability isn’t exactly clear.Ī few years ago, Davide Proserpio, a marketing professor at USC, looked into how an increase in short-term rental listings can affect housing costs overall. ![]() And less rental supply means higher rents. ![]() They’ll have to keep the entire apartment or house accessible to guests.Īirbnb has called the move a “ de-facto ban.”Ĭity officials have argued that short-term rentals like Airbnb listings reduce the amount of available long-term housing. They’ll have to stay on site during each booking. That means hosts will also have to adhere to strict rules. The law ramps up regulations for anyone hosting a short-term rental in New York, including a requirement that hosts register their listing with the city. This week, New York City started enforcing new rules cracking down on short-term rentals - think Airbnb, Vrbo and other booking platforms.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |