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There are two kinds of horror stories about Airbnb. When the home-sharing platform first appeared, the initial cautionary tales tended to emphasize extreme guest (and occasionally host) misbehavior. But as the now decade-old service matured and the number of rental properties proliferated dramatically, a second genre emerged, one that focused on what the service was doing to the larger community: Airbnb was raising rents and taking housing off the rental market. It was supercharging gentrification while discriminating against guests and hosts of color. And as commercial operators took over, it was transforming from a way to help homeowners occasionally rent out an extra room into a purveyor of creepy, makeshift hotels.
Several studies have looked into these claims; some focused on just one issue at a time, or measured Airbnb-linked trends across wide swaths of the country. But a recent report by David Wachsmuth, a professor of Urban Planning at McGill University, zeroes in on New York City in an effort to answer the question of exactly what home sharing is doing to the city.
Source: https://www.citylab.com/equity/2018/03/what-airbnb-did-to-new-york-city/552749/
(Score: 0) by Anonymous Coward on Friday March 09 2018, @10:03PM (1 child)
Seattle... likes... growth? That's a very strange interpretation of their policies. They certainly have some poor city-level policies supported by people with a (D) next to their name, but describing those policies as pro-growth is absurd. The zoning is horrendously restrictive. The public transit is "good for the US" which in any reasonable terms translates as "awful".
(Score: 3, Informative) by frojack on Friday March 09 2018, @10:23PM
Zoning Restrictive? Look at the skyline. (I know, its hard when you walk around with your head down all the time because you're out of work and out of options).
The Zoning is exactly like the people with D next to their name want it to be.
The future soviet era housing blocks are all being built, as fast as they can tear down apartment buildings.
And the bicycle transportation system is being pushed full speed ahead (by limousine liberals in a city fundamentally unsuited to bicycle commuting).
They Chinese investors are buying up entire neighborhoods and building highrise everywhere, priced sky high.
You don't want to sell? But an offer was made on your property, so that's what goes into the tax evaluation.
Maybe that all falls down when Amazon and Boeing start building elsewhere, or when the bubble bursts (again), but in the meantime the rents go up faster than the highrises.
No, you are mistaken. I've always had this sig.