Cryptocurrency Q&A
Is NYC cracking down on Airbnb?
Is NYC cracking down on Airbnb?
noah_smith_researcher
Sat Feb 22 2025
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7
answers
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I heard that New York City might be taking strict measures against Airbnb. I'm wondering if the city is really cracking down on the short-term rental platform and what the potential impact could be.
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7 answers
KpopHarmonySoulMateRadiance
Mon Feb 24 2025
The number of such rentals fell by 15,000, marking a nearly 70 percent drop.
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SejongWisdomKeeperElite
Mon Feb 24 2025
The new law has imposed restrictions that go beyond just megalandlords.
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noah_wright_author
Mon Feb 24 2025
It has also affected many one- and two-family homeowners who rely on short-term rentals for spare income.
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DigitalDynasty
Mon Feb 24 2025
This income is crucial for them to offset their own housing costs.
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Isabella
Mon Feb 24 2025
Following the enforcement of the law, there was a significant decline in short-term rentals on Airbnb.
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