this post was submitted on 10 Oct 2023
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New York’s Airbnb Ban Is Descending Into Pure Chaos::People are listing short-term rentals on social media and lesser-known platforms, bolstering a rental black market in New York City.

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[–] [email protected] 56 points 1 year ago (1 children)

A spare apartment, you say? Do people just have those lying around?

[–] [email protected] 5 points 1 year ago (3 children)

Yes, they move to a bigger one and rent out their old one for profit.

[–] [email protected] 61 points 1 year ago

And, of course, it would be morally unacceptable to get in the way of them maximising the profits they’re entitled to, such as by forcing them to rent it out long-term to some poors rather than allowing them to run an unregulated hotel room, because invisible hand of the free market or something.

[–] [email protected] 6 points 1 year ago

Ah yes, the old hermit crab monopoly.

[–] NeoNachtwaechter 2 points 1 year ago (1 children)

Or they move in with their period-of-life partners, and then maybe eventually back.

[–] [email protected] 2 points 1 year ago (1 children)

Fine, but don't profit and offer a decent rent length.

[–] NeoNachtwaechter 1 points 1 year ago (1 children)

offer a decent rent length.

They don't take that risk.

In my city, most of the singles actually keep their own appartments when moving in with a new loved one. It isn't because of the money, it is their safety net so they can move back eventually. Very few of these appartments are actually rented out. Most are just empty.

And of course they would not want to wait for a year or so.

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago)

This number would so low I'm guessing it wouldn't really move the needle. It's like having 1 house mate instead of 2 in a 3room appt.