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

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.

  • IteriaEnglish
    93·
    1 year ago

    Damn, if only there was some sort of established and regulated type of business where you could rent lodging by the night in New York City. I bet they could make a whole lot of money building big buildings full of rooms you can rent like that.

    As someone who has a big ass family, hotels fucking suck for families. When I compare my childhood vacations in hotel to what we do now in airBNB, we do airBNB every single time.

    Do you make a habit of charging your friends and family that come visit you?

    I have in the past when I was hard up for money because food costs for extra people can be great.