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I think that's a false assumption. Is AirBnB really the bottleneck for NYC rents?


AirBNB units make up 1/5 of 1% of the NYC's rental units. A bottleneck? no, but sizable and impactful, especially when you consider that these tend to be clustered around where they're convenient.


> where they're convenient

Convenient is not the right description -- high demand is. Who's to say an AirBnB is a worse use of space for, say, a unit in SoHo than a year-round resident?

AirBnB has real issues -- zoning, hotel tax, safety, etc -- but politicians like to use rent cost/resident displacement because it's an easy rallying call.




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