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New York City has a complicated relationship with Airbnb and other short term rental sites. The city is keen to get out the message that renting your place for less than 30 days when you're out of town is illegal. Host Emily Myers is joined by Matt Murphy, Executive Director of the NYU Furman Center to consider the impact of home-sharing on the city's rents and affordability. Plus, are penalties too steep and how do you stay on the right side of the law as a host or visitor?
By BrickUnderground.com helps readers navigate NYC real estate and thrive in t4.9
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New York City has a complicated relationship with Airbnb and other short term rental sites. The city is keen to get out the message that renting your place for less than 30 days when you're out of town is illegal. Host Emily Myers is joined by Matt Murphy, Executive Director of the NYU Furman Center to consider the impact of home-sharing on the city's rents and affordability. Plus, are penalties too steep and how do you stay on the right side of the law as a host or visitor?