That they would return it to the pool of long term rentals and help drive rent rates down. That or drove them to sell to someone that wants to live there.
Comment on New York’s Airbnb Ban Is Descending Into Pure Chaos
NeoNachtwaechter@lemmy.world 1 year ago
What did they expect?
All the people who are renting out some spare appartment should suddenly stop it and move in themselves again? ;-)
stealth_cookies@lemmy.ca 1 year ago
gian@lemmy.grys.it 1 year ago
Probably.
A similar approach is under discussion even where I live and everyone seems to think that forbidding the “short rent” (as it is called here) will magically put all these apartament on the market for “long rent”, lowering the prices.Until it is not understood that (well, at least here) AirBnB is not the cause but the result the problem will never be solved.
AllNewTypeFace@leminal.space 1 year ago
A spare apartment, you say? Do people just have those lying around?
beeng@discuss.tchncs.de 1 year ago
Yes, they move to a bigger one and rent out their old one for profit.
AllNewTypeFace@leminal.space 1 year ago
And, of course, it would be morally unacceptable to get in the way of them maximising the profits they’re entitled to, such as by forcing them to rent it out long-term to some poors rather than allowing them to run an unregulated hotel room, because invisible hand of the free market or something.
Qwaffle_waffle@sh.itjust.works 1 year ago
Ah yes, the old hermit crab monopoly.
NeoNachtwaechter@lemmy.world 1 year ago
Or they move in with their period-of-life partners, and then maybe eventually back.
beeng@discuss.tchncs.de 1 year ago
Fine, but don’t profit and offer a decent rent length.