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.
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.
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.
That basement should be someone’s house.
