1 year ago
48
New rules spark furious debate as city tightens regulation of illegal rentals in attempt to defend housing stock for tenants
New York City’s latest plans to crack down on illegal short-term rentals – which could remove as many as 10,000 Airbnb listings later this year – is sparking fierce debates about housing, hotels, the tourist market and residents’ rights.
The new rules will hit those New Yorkers who make extra income by hosting – renting out apartments on Airbnb and similar platforms – but flout city laws, while potentially easing the burden on long-suffering city renters.
Continue reading...
