A recent survey reveals that a significant majority of New York City residents oppose laws restricting short-term rentals, such as Airbnbs, with 78% expressing the need to revisit these regulations. Concerns regarding housing affordability are prevalent, as 73% believe it is deteriorating. Local Law 18, enacted in 2023, has faced backlash from homeowners and business groups who argue it hinders tourism and income opportunities. The Brooklyn Chamber of Commerce advocates for reform, emphasizing the need for practical solutions to address the city's housing affordability crisis and the impact on outer borough tourism.
A majority of New York City residents oppose laws that restrict short-term rentals, according to a new survey from the Brooklyn Chamber of Commerce. The poll found that 78% of residents believe New York City's law banning short-term rentals should be revisited or are open to changing it, while 73% feel housing affordability is headed in the wrong direction.
Even more, 95% of residents, agreed that New Yorkers need flexible ways to afford living in New York City. Proponents of Local Law 18 claimed the restrictions were necessary to boost long-term housing stock and prioritize residents over tourists amid record-low vacancy rates.
Many homeowners and business groups, including the Brooklyn Chamber of Commerce, argued that the law eliminates an income lifeline for homeowners and reduces tourism revenue. The poll indicated particular concern about fewer visitors to outer boroughs, with 77% of respondents saying that was a valid reason to revisit the law.
As the affordability crisis in New York City continues to grow, the poll data shows that residents are demanding practical solutions that look to build more housing to scale.
Collection
[
|
...
]