The End of Airbnb in New York::Thousands of Airbnbs and other short-term rentals are expected to disappear from rental platforms as New York City begins enforcing tight restrictions.
A bummer though for anyone visiting as hotels become the only option, and prices go way up, beholden to moneyed corporate interests who lobby politicians in their favor and pockets.
Ed: just wow on the downvote brigading. Upvote/downvote is supposed to reflect whether or not the comment contributes to the conversation. Not killing the messenger when it’s some info someone doesn’t want to hear.
This is just very standard macroeconomics supply and demand, plus regular institutionalized political corruption.
Yes, Abnb sucks shit, and their prices are stoopid high, but that’s the free market.
Ban them and watch hotel prices go up. Simple as that.
AirBnB is just as corporate and lobbyist bullshit as any other company. Arguably worse, in that AirBNB breaks the laws and then tries to get laws changed.
Hotel chains at least try to lobby to change the laws before breaking the rules.
In my experience over the last two years hotels are either same price OR less expensive due to AirBnBs bait and switch pricing. The taxes, cleaning fees, and random add ons are absurd.
In a recent example, staying at some Yurt for three days was $248. After taxes and fees it was around $515. Like wtf?!
I’m at the point where even if the pricing was flat, a hotel is 10X less hassle to deal with than AirBnB.
Airbnb was nice when it was just a way to rent someone’s extra bedroom for the night. I’ve met some amazing people this way.
hotels are either same price OR less expensive
I don’t think that really contradicts what they said though. It doesn’t matter which is more expensive, they both exist within the same market and removing supply will make what remains more expensive.
Kinda related I stopped renting cars many years ago because of this stuff. The price says X amount of dollars a day, the bill says 2X.
The last few times I’ve tried to book an AirBnB the price difference from a standard hotel room was almost nothing. AirBnB has been trash for awhile.
I find AirBnB to be cheaper when renting an entire house vs 3 or 4 hotel rooms. But an apartment vs a hotel room is even or the hotel is cheaper
I think it’s been too long since you’ve looked at Airbnb. Prices are no longer a deal in contrast to hotels. It’s all inflated trash and no longer accessible for regular people.
People downvoting either aren’t old enough to remember how bad hotels were, or are wearing rose colored glasses.
When airbnbs came to my city, after a few years, hotels finally lowered prices and made a effort to give a shit. I hope it doesn’t fall back to that.
But then again, the past few years, Airbnb rentals seem to be run by shady companies instead of by homeowners with an extra room.
