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This Is the True Scale of New York’s Airbnb Apocalypse (www.wired.com)

submitted 1 year ago by [email protected] to c/[email protected]

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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.

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[–] [email protected] 13 points 1 year ago

Considering that (as per the newest official numbers I could find) there are 79,190 vacant apartments, this is quite a drastic increase for now.

https://www.nyc.gov/content/tenantprotection/pages/fast-facts-about-housing-in-nyc