New York City is restricting Airbnb
It won’t do much to bring down housing costs
“IT’S MY HOUSE,” says Gia Sharp, a host on Airbnb, a rental platform. “I’ve worked really hard to buy it. So the thought that someone else can tell me what I can do with my house is a little crazy.” But a law which went into effect on September 5th caused Ms Sharp’s Brooklyn listing, and thousands more, to disappear from Airbnb and other short-term rental platforms.
This article appeared in the United States section of the print edition under the headline “Blocked bookings ”
From the September 9th 2023 edition
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