News for hackers. Stuff that matters.

A comment on What Airbnb Did to New York City. Parent comment

Re:What Airbnb Did to New York City by Nelkins on Thursday March 08, 2018 @12:40PM (#16546033)
That dashboard is misleading. NYC has one of the lowest rates of building permits per population of any area in the US[0]. We're building more, but the population is growing as well. Supply is not able to meet demand.

[0] https://www.renthop.com/studies/national/heres-why-rents-are...

[ Parent | on HN ]
Re:What Airbnb Did to New York City by bogomipz on Thursday March 08, 2018 @03:30PM (#16547379)
No, whats misleading is using "population per permit" as the sole metric.

Do you really think that NYC and Sacramento, CA are even remotely comparable in terms of the available land, logistics and population density? That's absurd.

[ Parent | on HN ]