this post was submitted on 06 Sep 2023
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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 th... (www.theguardian.com)
submitted 2 years ago by L4s@lemmy.world to c/technology@lemmy.world
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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 th...::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

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[–] chilicheeselies@lemmy.world 9 points 2 years ago (1 children)

This is mostly a good thing. The one part of it thats not good is that there is no real replacement. Most of the apartments here are very small, so visiting guests usually need to stay elsewhere. Hotels are very expensive here, so there is a gap where a short term rental style hotel is really needed.

[–] Uncle_Bagel@midwest.social 29 points 2 years ago (1 children)

Hotels aren't really any cheaper than AirBnB after you factor in the laundry list of fees and chores you have to do.

[–] toofpic@lemmy.world 8 points 2 years ago (1 children)

It is funny to even read that, as AirBnb became popular because it was cheaper and more comfortable (yay, kitchen!). And now it's cheaper to rent from greedy corporate moguls

[–] ChrisLicht@lemm.ee 13 points 2 years ago

Life is grand during the VC subsidization stage of a company’s lifecycle.