04/24/2025
What Does Banning Short-Term Rentals really accomplish? No change in housing affordability, greatly reduced tourism and higher hotel prices.
Concerns that short-term rentals fueled by platforms like Airbnb have caused long-term rents to rise in major cities has caused some governments to place limits, including bans, on them. But research of New York City found that short-term rentals are not the biggest contributor to high rents, especi...