Probably held a bidding auction between hotels and air bnb. The hotels must have had deeper pockets to buy up a piece of legislation in a democratic system. How good is freedom
New York City’s housing stock has only increased 4% since 2010, not nearly enough to keep up with its 22% increase in jobs. And from 2017 to 2021, New York City permitted 13 homes for every 1,000 residents in 2017
This is because of zoning restrictions preventing building. This occurs everywhere you see housing spiking, which distorts even the areas where building is occurring.
People don’t want “those people” in their neighborhoods or don’t want to lose their “neighborhood character,” or simply want to “protect their home values,” and so a persistent lack of supply is strangling the market.
Denying current renters an income stream, tightening the grip of the hotel market monopoly, and not actually freeing enough homes to impact the increase in demand, is not the solution.
That’s fair, but I think it’s not particularly relevant here.
Tourists should not be holidaying in people’s “back yards”.
It’s not about keeping out certain “types of people”, it’s about not wanting any people who have specifically come to holiday and treat the area like their playground.
And every Airbnb I know is run by someone who has multiple properties, and certainly isn’t letting holidaymakers live in their actual home.
I just don’t see how anything you’re saying is relevant to Airbnb??
Landlords are buying more houses and turning them into Airbnbs, hence less houses available and increasing prices for regular people.
The idea that it’s really benefitting regular people is just not the reality of the situation.
NIMBYism
the behaviour of someone who does not want something to be built or done near where they live, although it does need to be built or done somewhere
The area for holidaymakers are hotel districts. If you need to expand the actual hotel district then so be it, but don’t just let everywhere essentially be a hotel district.
We will never see lower home prices while NIMBYism exists.
I’m willing to bet you don’t want tall buildings with dense housing for low-income people on your street either, yeah? They’d ruin your view/the charm of the neighborhood/bring crime?
But turning half the units in that tall building full of dense housing into short-term lets that are a nuisance to the people who actually live there is okay in your book? Because, as you say, objecting to that would be “NIMBY”.
Airbnb is way more profitable than conventional letting. Why would anyone offer stable leases to poor people when they can rent out the whole place for higher rates?
In some parts of my country, it is becoming functionality impossible for families to rent a property for a stable term, because landlords want properties vacant over the holidays for short-term lets.
Yes, because you’re still adding net housing in those buildings.
I think AirBnB helps people pay their rent in NYC, because data confirms that people do in fact use it as bridge income
I also think AirBnB both is not the culprit here (a housing shortage is) and that building more housing solves the problem more neatly while also discouraging using housing as an “investment” which then discourages predatory housing practices.
Human beings will always respond to incentives, and right now the incentive is to buy housing and hold it because it will be worth more later. That’s a big problem.
Evidently AirBnB is not the only problem here, and building more residential homes is needed. But
discouraging using housing as an “investment” which then discourages predatory housing practices
is exactly what is happening here. If you can buy an empty property & rent it out to tourists for a chunk of money – with better returns than you can get on the stock market – people with capital will cheerfully do that. Except now with these rules there’s little point in them trying that in NYC.
Renters are free to continue to use AirBnB to continue to pay their rent (bans on subletting notwithstanding) as long as they’re still living in it at the time.
Long term capital considerations re. investment in real estate are a separate issue. Historically, housing has not performed like this.
Not if they need to pass inspection as hotels in NYC they aren’t. Renters already AirBnBing to make ends meet don’t have the money for fire doors, etc.
“Not having enough money to make what you are renting out safe for occupancy” is not an acceptable defence to renting out something that is unsafe for occupancy.
Approximately 18,000 Airbnbs in the UK do not have smoke detectors and nearly 65,000 have no carbon monoxide alarms, according to figures from analysts AirDNA.
Shocking. Safety regulations are written in blood.
We will absolutely see evictions over this and I’m very interested in watching this site lose their shit over and eviction increase in NYC in a few months
New York isn’t like other places - it is quite literally out of available land to build residential structures. NIMBYism may have an affect, but the overwhelming restriction in preventing new construction is that you’d have to raze structures to do so.
First 2 are aesthetic complaining or lack of density related. Third contains this gem that supports my entire stance:
For better or worse, Houston housing providers have to follow regulations for how they can use their funding and who gets access to resources. Aside from small tweaks in HUD’s language, these regulations have remained largely the same over the past decade. While other U.S. cities, under the same funding restrictions, implemented a patchwork approach and fell victim to poor planning or scant resources, Houston wagered that centralized decision-making could speed up the process.
6th link confirms it. Edit: 6th not 5th because 5th is broken and also proof you didn’t actually read any of these. You just googled for headlines that sound bad.
That’s irrelevant because net increases to supply still move toward closing the supply/demand gap, and people further down the chain just move into vacated homes as people move into the new ones.
It’s not happening because demand still outstrips supply by a huge amount. What is happening when building occurs is a mitigation of cost increases, but the production is not not enough to lower costs .
The thing about supply and demand is that it exists even if you don’t like it.
Apartments are not commercially zoned, and neither are AirBnBs.
Both should be added to mixed zoning. That would be dope. Stores on the bottom, or alternating floors, with very dense buildings above current height restrictions, is basically the ideal solution.
Apartments are residentially zoned. Hotels are commercially zoned (for good reason).
Turning residential homes into unregulated mini-hotels at scale depletes housing stock, and is a nuisance to residents.
This law effectively blocks residential homes from continuing to be used as hotel businesses operating out of residentially zoned areas, allowing residential units to once again be used as housing, and removing the nuisance to residents.
Please explain why you see this as a NIMBY net negative for housing.
Mixed use zoning is absolutely the way forward everywhere, but most especially for already-dense cities like NYC. “Nuisance to residents” is always, and will always, be a terrible reason to do anything. A nuisance isn’t a health concern, but a preference. Their preferences are irrelevant when the market is on fire.
This is not a big enough number to actually dent the housing shortage, and a not-insignificant number of these people are doing part-time rentals to make ends meet, which means they’re gonna get evicted. Meanwhile, the landlords people are bemoaning will simply rent their properties at the AirBnB rate to not lose income since the net housing has not meaningfully shifted.
I agree with your sentiments about multi-use, multi-story buildings. I am, however, a bit baffled as you how you seem to have confused New York fucking City with the suburbs. NYC is the most dense city in the US. In fact, a quick wiki search has the NYC metro area occupying the top 12 spots for density.
If you’re renting a place, and subletting your guest room on Airbnb… This doesn’t stop you, they specifically made this the default case. If for some reason you’ve got a 5 bedroom place or something, maybe consider finding some long term housemates, then. It’s not like there’s a shortage of renters.
Not a Trump hater, nor a fan of most of the prosecutions against him, but we all should have seen this coming, given both his notorious sexual past alongside the earlier ruling that sided with E. Jean Carroll regarding this matter:
Not parent commentor, but I hate to see prosecutions feed the news cycle for visibility and outrage. Plus, it fires up the base. Def a dual edged sword.
The Chino Valley policy went into effect when the new school year began in August, and days later CJ saw its impact when one of his trans friends, who is not out to his parents because of their deeply conservative Christian views, knocked on his door. According to CJ, his friend planned to die by suicide as a result of the new policy.
I hope every person who voted for this burns in hell.
I wonder if raquette balls (non-fuzzy ….uhm… blue…. Er… balls…) are bad for the teeth- or for small dogs, squash balls (they’re smaller.) both are just hollow shells of rubber.
They don’t really break up. At least, I’ve not seen a dog do that to them in the same way they destroy the fuzzy ones. Also they keep the bounce longer
I have a golden doodle and he will destroy almost any toy in a few minutes. The only exception is those solid rubbery dog toys, which take him several hours to start chipping away at.
They’re probably fine but if you are really concerned, call a local veterinarian office and ask.
Annecdotally, my old dog loved racquet balls, and despite being a prodigious toy destroyer, never managed to destroy one. My current dog has a ball that’s similar to a racquet ball in construction and feels like the same kind of rubber, and it’s also holding up fine, although it’s not exactly her favorite ball.
They are a bit smaller than a tennis ball, so depending on the size of your dog and how they play with them they could be a choking/swallowing hazard in that respect, but thats not something that’s ever been a major concern with my dogs.
I bought 400 used tennis balls on eBay a few years ago for about $75. My dogs don’t chew on them, just to fetch. And after a couple throws theres not much fluff left. It’s slobber and dirt. Vet never complains about the state of their teeth. Great investment vs buying them new.
People of different family lineages can be German citizens and culturally German. Imagine if we went “Yeah, Americans” at every Gonzalez in the United States.
People of different family lineages can be German citizens and culturally German. Imagine if we went “Yeah, Americans” at every Gonzalez in the United States.
You are missing the point. This sounds like “Yandex is company in Netherlands”.
This is actually common. My brother in law lost his state job when he enlisted in the National Guard. They claimed it was for another reason, but his issues with managing didn’t start until he announced he had enlisted. He sued, won and got his job back after boot camp. His first day back he turned in his 2 Weeks notice. For these cases it’s just proving the point and winning the right to go.out on their own terms.
The 10 year old got a hold of a loaded gun, presumably owned by his criminally neglectful parents, who were responsible for it's secured storage. Oh well, so sad, too bad, glad it happened to them, and not a school full of children.
Microsoft’s expensive foray into AI, this, Redfall/activision, and some of the Azure stuff I’ve heard make me wonder if we aren’t on the brink of hearing some kind of purge at the company with all the dumb decisions being made. It seems like there’s no part of this company doing anything useful.
I don’t know that doing bong hits is the best thing to do while trying to cross the ocean in a big hamster wheel, but then anyone who thinks that’s a good idea is probably high as fuck, so who knows?
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