Airbnb called the new regulations, which limit rentals to two guests and require owner occupancy, a ‘de facto ban’ for most hosts.
A new law that went into effect in New York City this week, Local Law 18, will eliminate thousands of short-term rental units from the city, reports Amanda Hoover in Wired.
As Hoover explains, the law “is so strict it doesn’t just limit how Airbnb operates in the city—it almost bans it entirely for many guests and hosts. From now on, all short-term rental hosts in New York must register with the city, and only those who live in the place they’re renting—and are present when someone is staying—can qualify.” The law also limits hosts to two guests, eliminating the potential for hosting groups or families.
Critics of short-term rentals say the industry removes badly needed housing units from the long-term rental market and can bring noise, crime, and higher costs to neighborhoods. But the move could also make the city far less accessible to visitors. “Compounding the sudden shortage of Airbnbs in New York is another piece of the new law that allows landlords to ban entire buildings from short-term rental platforms.”
Advocacy group Restore Homeowner Autonomy and Rights is calling on the city to remove the capacity limits for smaller landlords who occupy their homes, arguing that many mom-and-pop hosts don’t fall into the same category as institutional landlords.
More on short-term rentals:
FULL STORY: The End of Airbnb in New York
Will New York’s Strict Short-Term Rental Rules Work?
Some owners are reluctant to put short-term rental units back on the long-term rental market, but the number of permitted units has dropped dramatically.
A ‘Black Market’ for Short-Term Rentals Grows in NYC
While many owners are listing their rentals on other websites, others are moving them back to the long-term rental market.
Spain Moves to Regulate Short-Term Rentals
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Using Old Oil and Gas Wells for Green Energy Storage
Penn State researchers have found that repurposing abandoned oil and gas wells for geothermal-assisted compressed-air energy storage can boost efficiency, reduce environmental risks, and support clean energy and job transitions.
San Antonio Remains Affordable as City Grows
The city’s active efforts to keep housing costs down through housing reforms and coordinated efforts among city agencies and developers have kept it one of the most affordable in the nation despite its rapid population growth.
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U.S. Forest Service employees work on projects that have impacts far beyond remote, rural wilderness areas.
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At a summit focused on transit-oriented development, policymakers discussed how North Texas’ expanded light rail system can serve as a tool for economic growth.
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