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Podcast: BiggerPockets Daily
Episode: Airbnb Bans Only Make Tourism More Expensive. Just Ask New York by Lindsay Frankel
Description: A lot has changed since New York City began strictly enforcing Local Law 18, which effectively banned short-term rentals in the city. But itâs unclear whether improved housing affordability, the goal of the crackdown, is one of those changes.An Airbnb analysis released in January found no evidence that the new rules had impacted rent prices or rental inventory, even amid new construction completions, and the city hasnât reported any changes in housing affordability metrics attributable to the law. An Airbnb analysis released in January found no evidence that the new rules had impacted rent prices or...