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Two-thirds of NYC’s Airbnb rentals are illegal sublets

6 pointsby xmpirabout 11 years ago

1 comment

rahimnathwaniabout 11 years ago
Letting an entire apartment in New York for less than a month is illegal. Many listings on AirBnB are for entire apartments (as opposed to rooms within them), and they will likely result in rentals which are for less than a month.<p>These points have been on the front page here many times. I don&#x27;t think the data cited in the article would surprise anyone.<p>More importantly, they don&#x27;t add to the debate over existing laws. I&#x27;m not sure that the &lt;1 month rental law provides the right protection against the commonly cited problems. These issues surely warrant some action, but a law which penalises all visitors to a city (by reducing options and thus raising accommodation prices) seems excessive, given that bad actors are (presumably) a small minority.