Lobbied against and still lost by an enormous margin (70 percent of voters supported the new regulation).
https://www.nytimes.com/2019/11/05/nyregion/airbnb-jersey-ci...
Lobbied against and still lost by an enormous margin (70 percent of voters supported the new regulation).
https://www.nytimes.com/2019/11/05/nyregion/airbnb-jersey-ci...
Even more interesting is the number of 'No' votes (7,416) is less than the number of signatures on the petition that forced the ordinance into a public referendum (~20,000 with ~9,000 certified).
https://results.enr.clarityelections.com/NJ/Hudson/98893/Web...
https://www.nj.com/hudson/2019/08/referendum-on-airbnb-regul...
[1] https://www.cnbc.com/2019/11/06/airbnb-suffers-setback-in-je...
AirBnB aren't top competition.
why? politicians and their allies successfully portrayed the home sharing industry as the reason for rising rents when in fact it has long been because politicians and those using their connections which have been the cause. oh they hide it well but the idea is to keep their investments up and keep "those" people out. Those people being any group which they don't want to see where they live.
If you got this far, good for you. Are there bad actors in the home sharing space. Yes, however you target them more directly but the restriction of requiring owners to be on site during the rental period severely limits the rights of the good ones.
so yes there is some regulation needed but if it does not protect the little guy, and they weren't in this as they got rolled in with the rest, then it harms us all as whole.
rents won't go down until more units are built and they won't be built for the same reasons they were not being built before home sharing industries showed up at the door.
Is it “sharing” or is it “industry”? It can’t be both.
Parties all night during the week, drunk people trying to enter the wrong apartments at 3AM, arguments between loud tourists in your once quiet building, and somehow sleeping 10 people in a two bedroom apartment.
I don't blame residents for not wanting to live and work around that everyday. Most people don't want to live in flop houses.
I agree more units need to be built and development should be encouraged. Given a referendum I'd vote against allowing short term rentals not because I'm nervous they raise rents but because I don't want my building to be a hotel.
So although I generally agree with your line of thought, I disagree in this instance.