People are listing short-term rentals on social media and lesser-known platforms, bolstering a rental black market in New York City.

New York’s Airbnb Ban Is Descending Into Pure Chaos::People are listing short-term rentals on social media and lesser-known platforms, bolstering a rental black market in New York City.

  • beengEnglish
    126·
    1 year ago

    Yes, they move to a bigger one and rent out their old one for profit.

    • AllNewTypeFace@leminal.spaceEnglish
      611·
      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.

      • beengEnglish
        31·
        1 year ago

        Fine, but don’t profit and offer a decent rent length.

        • NeoNachtwaechter@lemmy.worldEnglish
          1·
          1 year ago

          offer a decent rent length.

          They don’t take that risk.

          In my city, most of the singles actually keep their own appartments when moving in with a new loved one. It isn’t because of the money, it is their safety net so they can move back eventually. Very few of these appartments are actually rented out. Most are just empty.

          And of course they would not want to wait for a year or so.

          • beengEnglish
            1·
            1 year ago

            This number would so low I’m guessing it wouldn’t really move the needle. It’s like having 1 house mate instead of 2 in a 3room appt.