New York City is set to begin enforcing a new law on Airbnbs that would crack down on people breaking existing laws. Confused? You're not alone, and a violation could cost you a pretty penny.
Biden clutches Jill's arm after touching down in Hamptons for ritzy fundraiser amid growing calls to step down, but the effort has only driven hotel prices up while having little impact on improving housing affordability, according to a new report.RightFramePhotoVideo – stock.adobe.com
There are likely many more listings, because registered hosts can have multiple listings, the travel site Skift noted. The rules also ban separate apartments or living quarters for short-term stays in both apartment buildings and private homes, and threaten stiff penalties of up to $5,000 per violation.
They say short-term rentals can take homes that would otherwise be lived in full time off the market, potentially exacerbating the housing shortage, according to BI.
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