The legislation does not allow me to rent out my apartment for a week when I go on vacation, a few times a year. This is by far the primary usage of Airbnb, for people who live in NYC.
Put in that context, the legislation seems pretty well-aimed at its goal of keeping up demand for hotels at the expense of average people getting to recoup a bit of their enormous rent expenditure.
> This is by far the primary usage of Airbnb, for people who live in NYC.
Any sources to research this claim? I'm of the impression the majority of available properties are people who make a living of renting out properties like a hotel.
You are measuring by the number of properties, I'm measuring by fraction of people. I'm pretty sure that my statement is self-evident. Laws can always be introduced, for instance limiting the number of days on Airbnb a particular unit can be placed.
It's the people who want to pass sweeping laws that penalize everyone, instead of something more targeted, who are obligated to provide sources and research.
As someone who uses Airbnb regularly I can assure you the majority are either people who use one empty room as a hotel or the whole place. I see very very few "I'm going away for the weekend / week / month" listings. The whole rating system rewards people who have consistent and frequent lodging available.
Put in that context, the legislation seems pretty well-aimed at its goal of keeping up demand for hotels at the expense of average people getting to recoup a bit of their enormous rent expenditure.