Re:What Airbnb Did to New York City
by eric_h on Thursday March 08, 2018 @12:21PM
(#16545883)
As far as I'm aware, people occupying rent controlled apartments (in NYC) can opt to be bought out by their landlord. I've heard a number of stories of people using that windfall (generally buyouts are on the order of $10^4-10^5) to improve their general living situation, and I've also heard stories (including someone I knew personally) of people squandering that windfall and ending up living out of their car.
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