New York Cracked Down on Airbnb One Year Ago. NYC Housing Is Still a Mess - WIRED
Summary
This article discusses the impact of New York City's short-term rental regulations enacted one year ago on the city's housing situation. Hosts in NYC should care because the effectiveness of the regulations directly impacts their ability to operate and the overall market conditions. No specific action items are provided in this headline-only article.
Key Insights
- •The article's headline suggests a negative impact on NYC housing, one year after STR regulations were enacted.
Common Mistakes
- ⚠Ignoring or failing to comply with NYC's STR regulations.
More from Regulations & Compliance
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St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
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