Airbnb Suffers Big Defeat in Jersey City

70 percent of voters supported the new regulations.<p><i>The new restrictions allow homeowners to rent out portions of their homes as long as they’re present during a guest’s stay. But they prohibit renters from listing their apartment and bar owners from renting a property on a short-term basis most of the year if they don’t live on-site, effectively banning large-scale Airbnb operators who had converted hundreds of condos and townhouses into makeshift hotels. It would, however, hurt residents who were making extra cash by renting out a second home for days at a time through Airbnb.</i><p>It sounds reasonable to me. I used to love staying in Airbnb’s but can’t stand the cheapness of it all as of late due to them turning into pure investments and no longer real homes.

Airbnb will loathe the day it decided not to fight back against people buying 10 to 15 apartments and renting them via large scale operations on their platform. They had to know it was happening, and, while it may have helped them achieve their initial growth rates, it&#x27;s dramatically turned public opinion against them. I don&#x27;t know a single renter or home owner in NYC who actually wants Airbnb guests in their building.

While more than 96,100 Jersey FTA: City residents use Airbnb when traveling, the defeat underscored the difficulty that sharing economy companies increasingly face in mobilizing users as a constituency.<p>Seems a bit NIMBYish doesn&#x27;t it? As in residents happy to use AirBnB in someone else&#x27;s neighborhood but damned if they&#x27;ll extend the same to people visiting their own.

You can still rent out a room of your apartment if you are living in it yourself. The issue is about units that the owners are not residing in themselves.

I’ve been consistently surprised how insulated Airbnb has been to the level of criticism that Uber and Lyft have more publicly faced for many years now...maybe a part of it is that the impact Airbnb has on a city is much more subtle so most don’t necessarily pay attention unless it’s directly impacting their life.

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Airbnb destroyed my neighborhood (crime, noise and rent saw dramatic increases) and was a factor in me moving to Germany with my entire family. I am hoping more ppl get the message and ban them outright.

That’s a shame. Airbnb really changed the game for my friends and I. We’ve been travelling all over the world with airbnb.