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New York City's ban on Airbnb has led to the emergence of a rental black market as people turn to social media and lesser-known platforms to list short-term rentals. The ban, which was implemented due to the housing crisis, has resulted in only a small percentage of short-term rentals being registered under the new law. As a result, hosts have resorted to the rental black market. Additionally, the ban has contributed to a shortage of luxury apartments in Manhattan, leading to a surge in prices. The crackdown on short-term listings has caused Airbnb listings to plummet, with some individuals seeking alternative services like Craigslist, Houfy, and Facebook Groups. The ban's impact on the rental market has created chaos and uncertainty for both renters and hosts.
There's a shortage of luxury apartments in Manhattan, and it's driving up prices https://t.co/lri8lW1fGl
Airbnbs in NYC are disappearing. Here's what could happen to hotel prices https://t.co/vwyS0UpOen
Airbnb users flock to ‘underground’ listings after NYC clampdown on short-term stays, guest limits https://t.co/iW4XY59r5Q https://t.co/LxVFnZdybf
There's a shortage of luxury apartments in Manhattan, and it's driving up prices https://t.co/lri8lW1fGl
1/ NYC's ban on Airbnbs has turned into pure chaos. Only ~2% of the city's 22k short-term rentals have been registered under the new law. As for the rest? Hosts have taken to the rental "black market." Let's get into it. https://t.co/1qyvvH8DOh
NYC rents dipped slightly last month and that’s pretty much as good as it gets for renters https://t.co/NtZs9545pk
“It wasn’t the government that killed off Airbnb in the city,” @AnnieLowrey writes. “It was the housing crisis.” https://t.co/W7NT2igdcc
Manhattan apartment hunters got a bit of a respite from record-high rents last month, pointing to a cooling market. But major bargains aren't likely any time soon https://t.co/vfBGfbGEVV via @wealth https://t.co/n3f7U23twS
Manhattan apartment hunters got a bit of a respite from record-high rents last month, pointing to a cooling market. But major bargains aren't likely any time soon https://t.co/NsJIsyYPGs
Manhattan apartment hunters got a bit of a respite from record-high rents last month, pointing to a cooling market. But major bargains aren't likely any time soon https://t.co/xHROofK2pt
Manhattan apartment hunters got a bit of a respite from record-high rents last month, pointing to a cooling market. But major bargains aren't likely any time soon https://t.co/h1HBcYWGWi
New York's Airbnb Ban Is Bolstering a Rental Black Market https://t.co/wvP5UfsgeC
“It wasn’t the government that killed off Airbnb in the city,” @AnnieLowrey writes. “It was the housing crisis.” https://t.co/BGEd5GlXp0
New York City's crackdown on short-term listings causes Airbnb listings to plummet, while some turn to services such as Craigslist, Houfy, and Facebook Groups (@byamandahoover / Wired) https://t.co/wXfMzc6EVw 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/Uww85ILfX5
The number of Airbnbs in NYC was just cut by 90%. Who scraped the StreetEasy listings data to see what happened to rental vacancies?
$ABNB New York’s Airbnb Ban Is Descending Into Pure Chaos: People are listing short-term rentals on social media and lesser-known platforms, bolstering a rental black market in New York City. https://t.co/KJHjc3zOvL https://t.co/E7aJ8Q0wVO
“New York’s Airbnb Ban Is Descending into Pure Chaos”: what a surprise. https://t.co/ycdxRX5rMe
There's a shortage of luxury apartments in Manhattan, and it's driving up prices https://t.co/lri8lW1fGl
New York banned Airbnb, and you'll never guess what happened next! (ok fine you'll probably guess) https://t.co/W3J0ZSVhfa https://t.co/cs1SwBMZON
AirBnB has been a negative force in NYC Housing, so the city "Defacto banned them." Is this a minor setback, or the beginning of a major slide downwards? https://t.co/ZWplmAXeyF
“It wasn’t the government that killed off Airbnb in the city,” @AnnieLowrey writes. “It was the housing crisis.” https://t.co/dKHP6MlWMX