Air bnb started out as a way to make some extra cash and help someone else have a cheaper vacation. With all of these greedy investors, it has turned into a hotel franchise with prices being the same if not more than a hotel room. People need stability and a place to live. They need to stop investors from buying strictly to do just air bnbs. It takes houses off the market for working families.
Breaking the law is an option. Stuff like this happens cause NYC are the most spineless creatures in the country. And you just let these parasites tell you what to do. It should all be run illegally. And if violence results thats on the conscience of the people that write the scribble on paper.
Wrong thats communism and while it helps you at first its only a matter of time before they say you can't live in your home because it should be converted to a 2 family unit because "shortages" then suddenly you dont want to play commy scum no more... loser! Dumb loser at that.
My property. I had a 3 family. Rented to Section 8, NYCHA, regular market. Had to evict. Tenants destroyed the apartment, left owing thousands of dollars. I had to borrow and fix the apartment for $10-$15k. Who helps the good landlords with proof.
@@donnyjay4269 Jesus has told a man who built wealth by displacing others that he'd go to hell after his life here, and he did go to hell, so God doesn't see it as the right thing to do, then people shouldn't either. LOL
@@donnyjay4269 These people are not turning their own houses that they live in, they buying up all properties to turn them into airbnbs. There is a housing crisis. It also hurts the hotel industry. Yes, it is bad.
Many landlords are choosing this option because the landlord tenant laws in NYC are some of the worst in the nation. My grandmother had a multi family she owned and lived in and NYC laws allowing tenants to stay rent free for 18-24 months at a time caused her house to go into foreclosure. It’s really infuriating. Now to limit their other options. This doesn’t just affect the large owners. It affects the small single property owners trying to figure out ways to better their situation
That happened to me, also I lost money paying a lawyer that did nothing to take the drogaaddict tenant out. Its very frustrating when the law allows that. I have the place vacant because I don't want to rent long term anymore. I trying to learn about the law to rent Airbnb. I have two family house, living in one unit.
just toss them out and have the money to pay the fines and transfer there stuff to a storage and pay for half the year coverage and sleep in peace i did it 3 times lol for my family and a friend its your house they cant do nothing but make you wait 1-2 years for court then have people in your house.
Your grandmother should have done a better job at screening her tenants...or her grandkids could have showed her how to do background and credit checks online
You seem forgot to mention the most important part. Cities are limiting AirBnB due to the concern of housing prices for actual residents. Tourists pays way more per night, making it profitable for investors to buy up houses and convert to AirBnBs, raising prices for regular house market. News should keep us informed with complete information, not leaving people infuriated because they only have a partial understanding.
I understand your point, but it's just news. If people go and do the research themselves they would understand fully. Part of the problem is people rely too much on media for info
This is ridiculous. One of the reasons why NY has had a housing crisis is because it’s too damn expensive. AirBnB has helped many people who can barely afford to live in NY to be able to survive. They’re doing way too much. They’re making everything super expensive.
2:40 "Taken units away from the CITY" wow just listen to that it's the city's apartment not the lawful owners. That gives a glimpse into their motives.
On the flip side of this NYC needs to legislate better laws for landlords. All too often long term rental tenants have worked the system and stayed in apartments for months rent free making short term rentals more desirable for landlords.
@@amdl270 I get that too, but I've seen with my own eyes, tenants live rent free for a year then muck up the apartment on their way out. It takes the court system too long to get tenants out. That's another reason why short term rentals from out of towner's are more desirable. They aren't trying to stay in the landlord's place for free and they have a home to go back to.
This is a joke.... they like to use Buzz words like cracking down on "Multi-unit owners" that are renting more than one apartment units. That's not true. They're going after the small one to two family owner that's making extra money renting a unit that they live in. The city has never in history Crackdown on large Developers. In fact they work hand in hand with the Developers to make them richer.
Guess what! This rule will not resolve the housing issue. Life in NYC is expensive, regular rent will still be outrageous no matter what. The host who was listing on airbnb will rent the apartment at an equally outrageous price. Plus NYC protect tenants more than landlords.
Good! And Airbnb should crack down on the party houses too. You know, the ones where the host lives there and drinks and parties with their guests in residential neighborhoods.The ones that are basically hostels in places that aren't zoned for hotels or BUSINESSES, and disrupt the safety and peace in those places with transients and traffic.
I live in a two family house in Long Island, NY. My family has just started listing the first floor of our house on Airbnb to help with our mortgage… it helps a whole lot. Please don’t tell me we could lose this. What about the small guy. We’re not rich 😠 😔
With rules evening out property ownership from the super wealthy to middle and lower class, mortgages wouldn’t even be that high because of increased supply
@@unleashthekeish you make double on Airbnb… if my family and I worked hard to save the money for the house, why is nyc dictating how I use my property… seems unfair and it’s only happening in nyc for some reason. I understand apartments complexes. But small multi and single families should be exempt from this. This is a real communist move by nyc.
@@unleashthekeish I understand stand corporate land lords can take advantage and drive up prices, but why make a blind fire law where everyone gets hurt?? It’s almost impossible to get ahead here. 😡
Yea communism is fantastic some day it will decide to relocate you for the greater good and you wont want to be a commy pos anymore but for now you're fine with it... commy pos.
@@starvetodeath123 but if new housing can easily be purchased by those with more funds, and then converted into airbnb, it becomes catch 22. That's why regulation of some sort exists in every industry.
This will not help with the shortage. This will only hurt regular people from making a little money and This will help hotels by kicking any competition which hurts the consumer.
The city needs 500K units to be built, even if you believe the inflated 40K number, killing short term rentals will have little impact on the problem. Most of those 40K are not houses that will return to the market. They are people's primary homes or rooms in their homes. Removing them has no positive impact for the city.
I wonder if he’s Jewish? They are the ones in charge of the hotel industry. Industry was mad that people was making money and money was being taken out of their pockets. He got paid to write that legislation smh.
It depends. Is the host staying there while you're there? Are there locks on any internal doors? What type of building is their apartment in? Is it rental controlled? Do they have fire sprinklers? and a million other questions. This city is nuts and makes it far too hard to fine out.
Yeap wellcome to comunist new york... if is my home i pay for mortgage i should be able to anything i want with it... i am so glad i live sunny beautiful red state of florida...
Air bin b should have limits with rentals that would make it only for people very shortly renting out spaces. Like rental available for only 2-3 weeks a year. It shouldn’t be a majorly profitable hustle for people. It is affecting affordable housing.
@@robertowilliams7003 unfortunately OSE interprets the law differently than you do. They've been enforcing against 1-2 family properties for years. According to The City over 1/3 of fines levied by the city in 2019 where against 1-2 family homes.
Let’s hope they don’t over reach, and attack small businesses and homeowners. Airbnb is a godsend and helps a lot of average ppl make ends meet. Don’t forget us too 🙁
Air bnb started out as a way to make some extra cash and help someone else have a cheaper vacation. With all of these greedy investors, it has turned into a hotel franchise with prices being the same if not more than a hotel room. People need stability and a place to live. They need to stop investors from buying strictly to do just air bnbs. It takes houses off the market for working families.
Breaking the law is an option. Stuff like this happens cause NYC are the most spineless creatures in the country. And you just let these parasites tell you what to do. It should all be run illegally. And if violence results thats on the conscience of the people that write the scribble on paper.
Government have make Airbnb mor expensive
🎯🎯🎯🎯🎯 Exactly!!
hotel franchise pushing the government against the airbnb home owners, prepare to pay 4 times more in hotel rooms
Wrong thats communism and while it helps you at first its only a matter of time before they say you can't live in your home because it should be converted to a 2 family unit because "shortages" then suddenly you dont want to play commy scum no more... loser! Dumb loser at that.
My property. I had a 3 family. Rented to Section 8, NYCHA, regular market. Had to evict. Tenants destroyed the apartment, left owing thousands of dollars. I had to borrow and fix the apartment for $10-$15k. Who helps the good landlords with proof.
Boo hoo
Why would you accept any city program when the private market pays far more. In my neighborhood a 3 bedroom 1.5 baths rents for 3200/month
@@ThatGuyFromQueens in NYC your not allowed too it's the Law
You sound like a slumlord
Just chipping away at people’s freedoms. People should be able to do with their property as they see fit. Does the city own your home?
Exactly… every time NYC sees you building wealth, they have to put their grubby hands in your pockets smh 🤦🏾♂️ 😠
@@donnyjay4269 🤦🏽♂️ foreal. There will be ways around these new laws though. Just have to move accordingly
@@donnyjay4269 Jesus has told a man who built wealth by displacing others that he'd go to hell after his life here, and he did go to hell, so God doesn't see it as the right thing to do, then people shouldn't either. LOL
@@MissPepperss so it’s immoral to turn my house into an Airbnb??? I’m providing a service for travelers. I don’t see how I’m hurting anyone…
@@donnyjay4269 These people are not turning their own houses that they live in, they buying up all properties to turn them into airbnbs. There is a housing crisis. It also hurts the hotel industry. Yes, it is bad.
Many landlords are choosing this option because the landlord tenant laws in NYC are some of the worst in the nation. My grandmother had a multi family she owned and lived in and NYC laws allowing tenants to stay rent free for 18-24 months at a time caused her house to go into foreclosure. It’s really infuriating. Now to limit their other options. This doesn’t just affect the large owners. It affects the small single property owners trying to figure out ways to better their situation
That’s the typical liberal dump.
That happened to me, also I lost money paying a lawyer that did nothing to take the drogaaddict tenant out. Its very frustrating when the law allows that. I have the place vacant because I don't want to rent long term anymore. I trying to learn about the law to rent Airbnb. I have two family house, living in one unit.
just toss them out and have the money to pay the fines and transfer there stuff to a storage and pay for half the year coverage and sleep in peace i did it 3 times lol for my family and a friend its your house they cant do nothing but make you wait 1-2 years for court then have people in your house.
@@mioangel1227 rent to students and high earning people that are there just for work or school and not single mothers
Your grandmother should have done a better job at screening her tenants...or her grandkids could have showed her how to do background and credit checks online
I don't understand why the law makers don't go after Airbnb the company instead of individuals. Doesn't shit roll down hill instead of up?
Anything to stuff their pockets
You seem forgot to mention the most important part. Cities are limiting AirBnB due to the concern of housing prices for actual residents. Tourists pays way more per night, making it profitable for investors to buy up houses and convert to AirBnBs, raising prices for regular house market.
News should keep us informed with complete information, not leaving people infuriated because they only have a partial understanding.
hotel will eventually go bankrupt if Airbnbs are too much, and hotel will be convert into long-term rental, so not a problem
I understand your point, but it's just news. If people go and do the research themselves they would understand fully. Part of the problem is people rely too much on media for info
This is ridiculous. One of the reasons why NY has had a housing crisis is because it’s too damn expensive. AirBnB has helped many people who can barely afford to live in NY to be able to survive. They’re doing way too much. They’re making everything super expensive.
Let’s forget about the migrants that are coming into our city everyday! They don’t count because it doesn’t fit your narrative!!
2:40 "Taken units away from the CITY" wow just listen to that it's the city's apartment not the lawful owners. That gives a glimpse into their motives.
FYI, we never own a house in NYC! 😱
it would be best if the gov would have banned Airbnb completely
This
On the flip side of this NYC needs to legislate better laws for landlords. All too often long term rental tenants have worked the system and stayed in apartments for months rent free making short term rentals more desirable for landlords.
Better laws for tenants too though. Landlords don’t care about people’s health and ride that line of habitability no matter if you pay over $3k
@@amdl270 I get that too, but I've seen with my own eyes, tenants live rent free for a year then muck up the apartment on their way out. It takes the court system too long to get tenants out. That's another reason why short term rentals from out of towner's are more desirable. They aren't trying to stay in the landlord's place for free and they have a home to go back to.
@@amdl270 they need to fix Nycha
Ban Air BNB, fuck yeah.
Ben Kallos is a sellout. They need to go after people that abuse the platform not the normal people trying to make ends meet
you wrong, with this law hotel room will 4 to 5 times more expensive because they have less competitors now ...
Another reason to leave to ny and make money elsewhere ✌🏽
In other words there just destroying the middle class
This is a joke.... they like to use Buzz words like cracking down on "Multi-unit owners" that are renting more than one apartment units. That's not true. They're going after the small one to two family owner that's making extra money renting a unit that they live in. The city has never in history Crackdown on large Developers. In fact they work hand in hand with the Developers to make them richer.
Cambridge already did this. You must live in the home you rent, or the property must be an adjacent condo.
Guess what! This rule will not resolve the housing issue.
Life in NYC is expensive, regular rent will still be outrageous no matter what.
The host who was listing on airbnb will rent the apartment at an equally outrageous price.
Plus NYC protect tenants more than landlords.
Good! And Airbnb should crack down on the party houses too. You know, the ones where the host lives there and drinks and parties with their guests in residential neighborhoods.The ones that are basically hostels in places that aren't zoned for hotels or BUSINESSES, and disrupt the safety and peace in those places with transients and traffic.
I live in a two family house in Long Island, NY. My family has just started listing the first floor of our house on Airbnb to help with our mortgage… it helps a whole lot. Please don’t tell me we could lose this. What about the small guy. We’re not rich 😠 😔
Why not get reliable tenants?
With rules evening out property ownership from the super wealthy to middle and lower class, mortgages wouldn’t even be that high because of increased supply
@@unleashthekeish you make double on Airbnb… if my family and I worked hard to save the money for the house, why is nyc dictating how I use my property… seems unfair and it’s only happening in nyc for some reason. I understand apartments complexes. But small multi and single families should be exempt from this. This is a real communist move by nyc.
@@unleashthekeish I understand stand corporate land lords can take advantage and drive up prices, but why make a blind fire law where everyone gets hurt?? It’s almost impossible to get ahead here. 😡
@@amdl270 .
I think this is good. Airbnbs are pushing out the middle class and affordable housing
Yea communism is fantastic some day it will decide to relocate you for the greater good and you wont want to be a commy pos anymore but for now you're fine with it... commy pos.
Airbnb has made cost of living more expensive. Basic economics 101. Less supply, higher prices.
Low prices aren't a constitutional right. If the city is so concerned about low cost housing, they could just make it easier to build more housing.
@@starvetodeath123 but if new housing can easily be purchased by those with more funds, and then converted into airbnb, it becomes catch 22. That's why regulation of some sort exists in every industry.
The thing is this "might" help residents but it won't help consumers. It will help hotels.
If you want to compete with hotels then have fun being under same regulations as hotels
Not that hard
Nope not that hard at all...all you need is a $30k sprinkler system and a strong friendship with the building inspector
@@kampoutkid I didn’t say it would be cheap.
And the concept of competing against hotels is not hard. No the actual competing against hotels
One more reason to hate NYC
Because it’s enforcing housing laws during a shortage? 😂
This will not help with the shortage. This will only hurt regular people from making a little money and This will help hotels by kicking any competition which hurts the consumer.
@@pito152pm you don't deserve extra money ever thought of that
The city needs 500K units to be built, even if you believe the inflated 40K number, killing short term rentals will have little impact on the problem. Most of those 40K are not houses that will return to the market. They are people's primary homes or rooms in their homes. Removing them has no positive impact for the city.
@@IlanRabinovitch yes it does then the homeless would be housed however I'm doing a Criminal and what country they come from check
Mhhmmm sure they care about housing now. It's all about money. If y'all threw some money in their faces they'll let it slide.
pay more money for hotel please......
I wonder if he’s Jewish? They are the ones in charge of the hotel industry. Industry was mad that people was making money and money was being taken out of their pockets. He got paid to write that legislation smh.
Yet another dumb decision, just like converting hotels to illegal immigrant houses. It has made hotel prices skyrocketing. RIP taxpayers and visitors.
Keep up the super smart voting folks. No crying. It’s what you begged for.
Can somebody tell me if is legal to rent a short-term room in Airbnb? Thanks
It depends. Is the host staying there while you're there? Are there locks on any internal doors? What type of building is their apartment in? Is it rental controlled? Do they have fire sprinklers? and a million other questions. This city is nuts and makes it far too hard to fine out.
And we will all comply. What next? 🤯
Yeap wellcome to comunist new york... if is my home i pay for mortgage i should be able to anything i want with it... i am so glad i live sunny beautiful red state of florida...
Air bin b should have limits with rentals that would make it only for people very shortly renting out spaces. Like rental available for only 2-3 weeks a year. It shouldn’t be a majorly profitable hustle for people. It is affecting affordable housing.
I don't think this will effect small owners for some reason they way it may sound.
Whys that? Mr. Klossner has been clear he plans to enforce against everyone.
It should only affect multiple dwelling units. Buildings with more than 3 or four apartments in them.
@@robertowilliams7003 unfortunately OSE interprets the law differently than you do. They've been enforcing against 1-2 family properties for years. According to The City over 1/3 of fines levied by the city in 2019 where against 1-2 family homes.
@@IlanRabinovitch smhhh. That’s terrible! I’ve done amazingly well renting out my condos in Manhattan. Monthly profits people wouldn’t imagine
@@IlanRabinovitch the vulnerable one! 😡
Update: Katloss has been put on administrative leave.
Nope. He left office a while back.
It's a fair law, to hell with all the airbnb hosts!
Guess they will be apt for sale in nyc
We'll y'all need to lower the freakkinnn rent
This is great news and overdue 👏
Let’s hope they don’t over reach, and attack small businesses and homeowners. Airbnb is a godsend and helps a lot of average ppl make ends meet. Don’t forget us too 🙁
When the long arm reaches into your pocket, you’ll change your tune!
🤣🤣
Honestly this is a good thing
No dumbazz it's not.
@@H0DLTHED0R Speak for yourself, mandavoshka
Why?
@@lindapoo23cause homes are not hotels
Lmao hotels not getting any attention?
Lol
the city is broke