Re:New York City population declined by 5.3% since 2020
by shortrounddev2 on Tuesday December 19, 2023 @02:05PM
(#38700006)
> But in the meantime it's not helping to have a bunch of the housing stock dedicated to tourists
Tourists bring in good tax dollars for the city since NYC has insane hotel taxes on top of the ridiculous cost of Hotels.
From a moral perspective, it really shouldn't be anyone's business how a property owner decides to use their property. If they want to rent it on month-to-month leases or 12 month leases, it's up to them. If there's not enough permanent or long-term housing, then you need to deregulate NYC's byzantine zoning regulations and make it a lot easier to build whatever, wherever.
Also you need to get rid of rent control; it is categorically proven to make things worse
But in the meantime it's not helping to have a bunch of the housing stock dedicated to tourists. Now maybe banning airbnb will put such a damper on tourism that it becomes a problem, but let's deal with that problem when it happens.