Re:Airbnb Is a Risky Neighbor
by aianus on Saturday June 21, 2014 @10:13PM
(#7926656)
I had the impression that most AirBnbs in NYC were not owner-occupied but full-time AirBnbs and that's what people were complaining about.
Anyways if you improve the legal alternatives and the margins get low enough I think a lot of the owner-occupied ones will simply give up. Right now it's so insanely profitable that it's well worth the work and inconveniences (and legal risk!) even for middle class people.
Anyways if you improve the legal alternatives and the margins get low enough I think a lot of the owner-occupied ones will simply give up. Right now it's so insanely profitable that it's well worth the work and inconveniences (and legal risk!) even for middle class people.