[sudo-discuss] Fwd: Save Airbnb in New York

Sonja Trauss sonja.trauss at gmail.com
Wed Oct 30 13:21:37 PDT 2013


Oohhhh .... Yeah me too. I love housing market talk.

On Wednesday, October 30, 2013, J.D. Zamfirescu wrote:

> I think the most likely possible causal link between airbnb and rising
> rents is that airbnb reduces availability by giving people who would
> otherwise terminate leases (because they're moving to a new city, say) the
> option to keep their lease and pay the rent by hosting through airbnb.
> Reduced availability -> higher rents.
>
> The airbnb option could be especially advantageous in cities like SF that
> limit how much rents can go up each year for continuing leases. (I.e., your
> rent is limited by the rent board to a 1-2% increase per year, while
> inflation is 2-3% per year, and so your net income from airbnb increases,
> in nominal *and real* terms, each year.)
>
> Pretty interesting questions, I don't think they're really resolved yet!
> Would love to chat about them with others so interested...
>
> Best,
> J.D.
>
>
>
> On Wed, Oct 30, 2013 at 1:08 PM, Sonja Trauss <sonja.trauss at gmail.com>wrote:
>
> Now I don't know - I thought about it and air b n b raising rents would
> mean that people are planning to use air bnb and depending on that income
> to help them pay their rent. They are making these decisions before they
> are signing leases. That didn't sound realistic to me.
> More likely is that I read some sloppily reasoned article that noticed a
> correlation between airbnb use (in sf) and rents rising.
>
>
> On Wednesday, October 30, 2013, Eddan Katz wrote:
>
> you're probably right. but i would hope it could be architected so that
> was less of a problem. one thing that seems to make a big difference is
> whether it's a deductions-based rather than tax-based.
>
> On Oct 30, 2013, at 8:51 AM, Sonja Trauss <sonja.trauss at gmail.com> wrote:
>
> Doesnt this drive up rent?
>
> On Wednesday, October 30, 2013, Eddan Katz wrote:
>
> For those who have not been following the Airbnb legal troubles, this
> story has been called "Airbnb vs. New York City: The Defining Fight of the
> Sharing Economy" (
> http://skift.com/2013/10/13/airbnb-vs-new-york-city-the-defining-fight-of-the-sharing-economy/;
> w/ links). I would rather call this version of peer production -
> collaborative consumption, but do think that the way this goes will be a
> key turning point. It's not just the hospitality political lobbies that are
> the problem, it's also the landlords' lobby.
>
>
>
> [image: airbnb]<https://e.airbnb.com/pub/cc?_ri_=X0Gzc2X%3DWQpglLjHJlYQGt1zbupANzdmKp9sriYqYgeWzbaPuMBTpEzgzeOVXtpKX%3DSDYSY&_ei_=EudOGAIid8eTVaybGhicyEi4_hj0zsP84AqAixeRGVlRHWH6bnptWBWs7jkVdyTmyBhiotBBRvf5.>
>
>
> Dear Eddan,
>
> I'm writing to ask you to help save Airbnb in New York.
>
> As a guest who has stayed with a Host, you know how unique and local an
> experience that is. And you also know the majority of our hosts are just
> regular people making ends meet by renting out their own homes.
>
> Now, that experience is under threat.
>
> The New York Attorney General has subpoenaed the records of almost all of
> our New York hosts. We are fighting the subpoena with all we've got, but
> poorly written laws make for even worse enforcement. Unless you help to
> stop it once and for all, the laws may never get better and the threat to
> our New York community will continue.
>
> A petition to change New York law already has over 88,000 signatures, and
> an Airbnb host, Mishelle, has pledged to personally deliver it to the New
> York Senate. Our new goal is 100,000 signatures. We hope as many people as
> possible will encourage New York to change the law.
>
>
> <https://e.airbnb.com/pub/cc?_ri_=X0Gzc2X%3DWQpglLjHJlYQGt1zbupANzdmKp9sriYqYgeWzbaPuMBTpEzgzeOVXtpKX%3DSDYUY&_ei_=EudOGAIid8eTVaybGhicyEi4_hj0zsP84AqAixeRGVlRHWH6bnptWBWs7jkVdyTmyBhiotBBRvf5.>
>
>
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