Like many companies in the “sharing economy,” Airbnb prides itself on “disrupting” the traditional marketplace—but at what cost to New York’s affordable housing?
“New Yorkers agree: Airbnb is great for New York City,” declared ads that papered the city’s subway system. But is it really? In the tenth Housing Brass Tacks discussion, Patrick Tyrrell of the nonprofit legal services firm Mobilization for Justice breaks down the impact of short-term rentals on New York’s housing market:
- Explosion of short-term rentals
- Illegal hotels, from SRO to Airbnb
- Patchwork housing laws
- “Do we want to peg affordable housing to the tourist economy?”
FULL STORY: Illegal Hotels
Depopulation Patterns Get Weird
A recent ranking of “declining” cities heavily features some of the most expensive cities in the country — including New York City and a half-dozen in the San Francisco Bay Area.
California Exodus: Population Drops Below 39 Million
Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.
Chicago to Turn High-Rise Offices into Housing
Four commercial buildings in the Chicago Loop have been approved for redevelopment into housing in a bid to revitalize the city’s downtown post-pandemic.
Google Maps Introduces New Transit, EV Features
It will now be easier to find electric car charging stations and transit options.
Ohio Lawmakers Propose Incentivizing Housing Production
A proposed bill would take a carrot approach to stimulating housing production through a grant program that would reward cities that implement pro-housing policies.
Chicago Awarded $2M Reconnecting Communities Grant
Community advocates say the city’s plan may not do enough to reverse the negative impacts of a major expressway.
City of Costa Mesa
Licking County
Barrett Planning Group LLC
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
City of Universal City TX
ULI Northwest Arkansas
Town of Zionsville
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