The End of Airbnb in New York

https://lemmy.world/post/4684385

The End of Airbnb in New York - Lemmy.world

The End of Airbnb in New York::Thousands of Airbnbs and other short-term rentals are expected to disappear from rental platforms as New York City begins enforcing tight restrictions.

A blessing, really, for cities experiencing housing shortage.
A bummer though for anyone visiting as hotels become the only option, and prices go way up, beholden to moneyed corporate interests who lobby politicians in their favor and pockets.

People downvoting either aren’t old enough to remember how bad hotels were, or are wearing rose colored glasses.

When airbnbs came to my city, after a few years, hotels finally lowered prices and made a effort to give a shit. I hope it doesn’t fall back to that.

But then again, the past few years, Airbnb rentals seem to be run by shady companies instead of by homeowners with an extra room.

Airbnb has basically become “hotel prices, but the cost is hidden behind cleaning fees”. Also, hotels basically stopped giving a shit after the pandemic. No loss here.