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Haven't heard of this change! Thanks for posting. Curious to see how this will affect the STVR market (even just the number of postings and their availability o
by palmer_fox 3y ago
Haven't heard of this change! Thanks for posting. Curious to see how this will affect the STVR market (even just the number of postings and their availability on AirBnb).
- ilamont 3y agoIf the rules are backed by strong enforcement, it will gut the market and likely result in many airbnb investor-type landlords selling properties. Whether this leads to the "bubble popping" scenario described in the parent article remains to be seen.
- palmer_fox 3y agoSomeone mentioned in this thread that a likely scenario is these landlords switching to mid- or long-term rentals instead of selling. Which sounds very plausible to me, especially in a city like NYC, where the rental market is always hot.