Judge dismisses Airbnb lawsuit against NYC's short-term rental law
0:24
Judge dismisses Airbnb lawsuit against NYC's short-term rental law
Aug 8, 2023
CBS NewsCBS New York Team
NYC stepping up crackdown on illegal short-term rentals
1:02
NYC stepping up crackdown on illegal short-term rentals
9 months ago
CBS News
NYC attacks Airbnb starting TODAY. To be clear, this is a shot on all short-term rental platforms- but we all know Airbnb dominates (VRBO is big as well). Because rents are so high, the city is hoping this regulation will cause people to turn Airbnb rentals into annual rentals. Economics101- higher supply of annual rental units = lower priced (at least that’s the hope). WINNERS: NYC renters LOSERS: tourists, Airbnb & Hosts NYC is not the only city battling sky-high rent… Will other cities jump o
NYC attacks Airbnb starting TODAY. To be clear, this is a shot on all sh…
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