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.

  • BedSharkPal@lemmy.caEnglish
    1922·
    10 months ago

    I love seeing more places banning or restricting air bnb. Fuck that company and its role in the housing crisis.

    • assassinatedbyCIA@lemmy.worldEnglish
      72·
      10 months ago

      Fuck most of the ‘gig’ economy in general. It’s just a way for venture capitalists to skirt labour laws while peddling shitty stock to retail rubes.

      • kugel7c@feddit.deEnglish
        11·
        10 months ago

        It’s also literally always trying to monopolise the platform for a market and then essentially extract rent from that platform, which is stupid, Uber and Airbnb (…) provide an app and maybe a little customer support but joink N% percent of each transaction.

  • Zrybew@lemmy.worldEnglish
    86·
    10 months 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.

  • db2@sopuli.xyzEnglish
    535·
    10 months ago

    Wired has gotten pretty bad. Can’t even read what they’re saying because of the paywall, so I’ll have to respond to the title and say AirBNB shouldn’t exist in the first place, so who gives a shit if the top of their pyramid can’t buy a third yacht this year. Fuck all of them.

    • surewhynotlem@lemmy.worldEnglish
      701·
      10 months ago

      Airbnb was great when it was simply a formalization of the short-term room rentals you find on craigslist.

      When investors got involved and started having Airbnb specific properties, it all went to shit.

      • Czarrie@lemm.eeEnglish
        28·
        10 months ago

        I would say now that I’m in my thirties that my favorite part has been watching this mad scramble over the past decade of absolutely everything new and innovative becoming these out of control behemoths because investors somewhere decided that an app that rates farts has a market cap of $10 billion.

        Now we’ve come into an era where fart app employs 20k people and they somehow need to make all of the money back that they burned building a global fartforce

      • CurlyMoustache@lemmy.worldEnglish
        6·
        10 months ago

        I loved it when it started. I rented a room from an old lady in Tokyo who didn’t speak one word of english but she loved that I brought her beer, and a bunch of Matrix looking EDM loving germans in Berlin.

        Now it is just a shit and fucking expensive “hotelroom” where you have to pay and outrageous a clean fee up if you fart in the bedsheets

    • LibertyLizard@slrpnk.netEnglish
      19·
      10 months ago

      The article is fine and sticks to the facts of the law and how it’s being rolled out. The title is just clickbait. But I agree that it’s an absurdity to describe this as an apocalypse while shrugging off the staggering human suffering caused by the housing crisis in New York and many other cities.

      Also, pro-tip: if you click the cross-post button, Lemmy auto-generates several mirror links to get around the paywall.

  • HurlingDurling@lemm.eeEnglish
    1·
    10 months ago

    I hope to see more properties getting listed and hopefully dropping the price per Sq ft in NYC