Airbnb asks NYC to roll back short-term rental law that caused listings to plummet over 80% - Fortune
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 Insights
- •The short-term rental law in NYC has caused listings to plummet over 80%.
Action Items
- ✓Monitor local news and updates from Airbnb regarding the NYC short-term rental law.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to comply with NYC short-term rental regulations could lead to removal of your listing or penalties.
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