9 years
It’s interesting how Concilmember Chin sees AirBnB as the problem and hostels as a possible solution.
Chin added that youth hostels could serve as effective competition for Airbnb.
"Current law eliminates the competition for Airbnb, which is taking thousands of units of affordable housing off the rental market," she said. "Without alternative, reasonably-priced accommodations, youth travelers will either continue to sidestep the Big Apple, or worse yet, hunt for illegal apartment rentals through Airbnb, accelerating our affordability crisis."
Could hostels be the saviors of NYC? I like the sound of that!
Does anyone know if the legislation that this article talks about is the same one that HW was writing in 2013, or has it been revised since then? I haven’t seen a new version yet.
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