4 ms·
Have a hard time believing this is true in NYC proper. Most of the housing stock in NYC are co-ops, which have fairly strict rules about renting out units. Con
by tempsy 4y ago
Have a hard time believing this is true in NYC proper.
Most of the housing stock in NYC are co-ops, which have fairly strict rules about renting out units. Condos are significantly more expensive to purchase, and there is pretty much nothing you can purchase right now that would yield positive cash flow given how pricey real estate is even with rents so high.
Airbnb is technically banned in NYC, and while I'm sure there continue to be illegal Airbnbs I don't see many listings myself that are for the entire unit as opposed to a room if it isn't a monthly rental.
- weeksie 4y agoIf you just open Airbnb to nyc and check whole apartment there are like 800 listings right off the bat.
- tempsy 4y agothat doesn’t tell you anything. it’s the short term airbnbs for the entire property that are illegal. you can still rent out a room in a place you live in as far as I know. or do monthly rentals.
- weeksie 4y agoAs I said above, that's with "WHOLE APARTMENT" checked. What I saw above was for a 3 day stay that for some reason defaulted to November. Those are 100% illegal and they are all available. Here, let me do the legwork for you, this one shows 413 stays: https://www.airbnb.com/s/New-York--New-York--United-States/homes?tab_id=home_tab&refinement_paths%5B%5D=%2Fhomes&flexible_trip_lengths%5B%5D=one_week&place_id=ChIJOwg_06VPwokRYv534QaPC8g&date_picker_type=calendar&adults=1&checkin=2022-09-06&checkout=2022-09-09&source=structured_search_input_header&search_type=user_map_move&room_types%5B%5D=Entire%20home%2Fapt&ne_lat=40.75846543339949&ne_lng=-73.93468722257296&sw_lat=40.699016039196394&sw_lng=-74.0209470644919&zoom=14&search_by_map=true https://www.airbnb.com/s/New-York--New-York--United-States/h...