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Comment on Airbnb bookings dry up in New York as new short-stay rules are introduced | Under the new restrictions, short-term renters will need to register with the city and must be present in the home for th...

chilicheeselies@lemmy.world ⁨1⁩ ⁨year⁩ ago

This is mostly a good thing. The one part of it thats not good is that there is no real replacement. Most of the apartments here are very small, so visiting guests usually need to stay elsewhere. Hotels are very expensive here, so there is a gap where a short term rental style hotel is really needed.

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Uncle_Bagel@midwest.social ⁨1⁩ ⁨year⁩ ago
Hotels aren’t really any cheaper than AirBnB after you factor in the laundry list of fees and chores you have to do.

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- toofpic@lemmy.world ⁨1⁩ ⁨year⁩ ago
  It is funny to even read that, as AirBnb became popular because it was cheaper and more comfortable (yay, kitchen!). And now it’s cheaper to rent from greedy corporate moguls
  
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  - ChrisLicht@lemm.ee ⁨1⁩ ⁨year⁩ ago
    Life is grand during the VC subsidization stage of a company’s lifecycle.
    
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    Corkyskog@sh.itjust.works ⁨1⁩ ⁨year⁩ ago
    Honest question, what were they subsidizing? Were they previously charging no or little costs to people hosting? I understand what the delivery and Uber like companies were subsidizing, just not familiar with AirBNB.
    
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