A law meant to crack down on short-term rentals in New York City took effect Tuesday. Thousands have dropped off the map, but there are still hosts offering bookings that may break the law.

This Is the True Scale of New York’s Airbnb Apocalypse::A law meant to crack down on short-term rentals in New York City took effect Tuesday. Thousands have dropped off the map, but there are still hosts offering bookings that may break the law.

  • Zrybew@lemmy.worldEnglish
    52·
    1 year ago

    The gist to it:

    70% drop in short-term Airbnbs after the law’s enforcement.

    Approximately 15,000 listings disappeared between August 4 and September 5.

    Long-term listings (30 days or more) increased by about 11,000.

    Long-term listings are exempt from the new registration law.