Judge blocks New York City law requiring Airbnb to hand over user data
Source: Reuters
NEW YORK (Reuters) - A federal judge on Thursday blocked a New York City law requiring Airbnb to hand over data each month about people who use its apartment listing service from taking effect while the company challenges the law in court.
The preliminary ruling, handed down by U.S. District Judge Paul Engelmayer in Manhattan, could be a boon to the San Francisco-based company as it prepares for a widely anticipated initial public offering later this year.
-snip-
Airbnb allows users to lease or sublease their homes to guests through an online service. The companys critics in New York and other major cities say the service contributes to high housing costs and overcrowding.
In 2010, in an effort to address those concerns, the state of New York passed a law banning apartment rentals for periods of less than 30 days unless a permanent resident remains in the apartment. New York City also bans short-term apartment rentals in many cases.
-snip-
U.S. JANUARY 3, 2019 / 10:53 AM / UPDATED 26 MINUTES AGO
Brendan Pierson
3 MIN READ
Read more: https://www.reuters.com/article/us-airbnb-lawsuit/judge-blocks-new-york-city-law-requiring-airbnb-to-hand-over-user-data-idUSKCN1OX19R
LisaM
(27,863 posts)Last edited Thu Jan 3, 2019, 08:12 PM - Edit history (1)
I swear, why can't these companies just stick to what they set out to do, instead of allowing this market creep? I had a friend who had to sell her condo and move because so many units were occupied by an endless merry-go-round of AirBnB users (this was in Seattle). That's not okay.
Their conclusion: Most of those rumors are true. Wachsmuth found reason to believe that Airbnb has indeed raised rents, removed housing from the rental market, and fueled gentrificationat least in New York City. To figure out how, the researchers mapped out four key categories of Airbnbs impact in New York: where Airbnb is concentrated and how thats changing; which hosts make the most money; whether its driving gentrification in the city; and how much housing it has removed from the rental market.
https://www.citylab.com/equity/2018/03/what-airbnb-did-to-new-york-city/552749/
KT2000
(20,605 posts)need to do something about this. If their buildings turn into party central, their values will go down. Of course some owners would want to keep the airbnb's.
What bothers me about these places is that while hotels need to follow laws and be inspected by various agencies, the airbnb's don't.
LisaM
(27,863 posts)A lot of cities have enacted hotel taxes (rightly or wrongly, that's a different argument) to cover capital projects, especially things that ultimately are used by tourists. AirBnB manages to evade these, so on top of the other issues, it costs municipalities tax dollars.
mpcamb
(2,883 posts)PoindexterOglethorpe
(25,930 posts)and sheer lack of any rentals available is not just a NYC problem.
In Santa Fe, where I live, it seems to be an issue. Plus, the not paying of hotel tax.
GoneOffShore
(17,346 posts)We ran everything through our business, paid taxes, and when the state came after us for back hotel tax we paid up.
Our situation was a bit different to most as we were renting out a floor in our house while we lived in the other part. Which had upsides and downsides.
We got out after 7 years, because AirBnB had gotten too big, too greedy, and way too corporate. It became not fun. And the people? OFFS(and here comes the very broad brush, because it does apply), I never would want to be working in hospitality in the US. Over the past 15 years Americans have become more and more demanding and unreasonable when it comes to 'expectations' as regards accommodation.
I'm surprised that anyone would want to let out their property now.