Insight
The short-term rental law in NYC has caused listings to plummet over 80%.
Airbnb asks NYC to roll back short-term rental law that caused listings to plummet over 80%
Summary
Airbnb is requesting NYC to revise the short-term rental law, which has led to an over 80% decrease in listings. Hosts in NYC are significantly impacted by this regulation and should stay informed of any potential changes to the law.
Key takeaway