Airbnb bookings dry up in New York as new short-stay rules are introduced | Under the new restrictions, short-term renters will need to register with the city and must be present in the home for th…::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

  • Uncle_Bagel@midwest.social
    link
    fedilink
    English
    arrow-up
    31
    ·
    1 year ago

    Hotels aren’t really any cheaper than AirBnB after you factor in the laundry list of fees and chores you have to do.

    • toofpic@lemmy.world
      link
      fedilink
      English
      arrow-up
      8
      ·
      1 year ago

      It is funny to even read that, as AirBnb became popular because it was cheaper and more comfortable (yay, kitchen!). And now it’s cheaper to rent from greedy corporate moguls

        • Corkyskog@sh.itjust.works
          link
          fedilink
          English
          arrow-up
          2
          ·
          1 year ago

          Honest question, what were they subsidizing? Were they previously charging no or little costs to people hosting? I understand what the delivery and Uber like companies were subsidizing, just not familiar with AirBNB.

          • ChrisLicht@lemm.ee
            link
            fedilink
            English
            arrow-up
            3
            ·
            1 year ago

            For these market makers, both sellers and buyers are subsidized to entice both into the market.

            Check out Cory Doctorow’s “enshittification” theory.