As New York cracks down on rentals, Airbnb hosts go underground
Podcast |
Marketplace Tech
Publisher |
Marketplace
Media Type |
audio
Categories Via RSS |
News
Technology
Publication Date |
Oct 24, 2023
Episode Duration |
00:13:07

As recently as August, Airbnb was doing brisk business in New York City, with more than 22,000 listings there. Two months and a citywide crackdown later, that number has fallen to just above 3,000, a decrease of more than 80%. Local Law 18, which took effect last month, requires hosts of short-term rentals on Airbnb, Vrbo and similar sites to register with the city and live in the property they’re renting out. Marketplace’s Lily Jamali spoke with Amanda Hoover, a staff writer at Wired, who’s been following the fallout from the new law.

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