Under the new restrictions, short-term renters will need to register with the city and must be present in the home for the duration of the rental
Home-sharing company Airbnb said it had to stop accepting some reservations inThe new rules are intended to effectively end a free-for-all in which landlords and residents have been renting out their apartments by the week or the night to tourists or others in the city for short stays. Advocates say the practice has driven a rise in demand for housing in already scarce neighbourhoods in the city.Under the new system, rentals shorter than 30 days are only allowed if hosts register with the city.
Airbnb has fought the rules in court, arguing they were essentially a ban, and that they would hurt visitors looking for affordable accommodation.Photograph: Brendan McDermid/Reuters The company has, however, been forced to follow the new rules, and said that since 21 August it had stopped accepting new short-term reservations from any host who hadn’t provided either a city registration number or documentation that it was in process. Once the city’s verification system is fully up and running, Airbnb says that no short-term listing will be allowed on its site without a registration number.
While online rental listing services gave travelers more options in New York – and were a financial windfall to residents who rented out their homes while away on vacation – they have also led to complaints about scarce housing in residential neighbourhoods being booked up by tourists.
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