New York State have banned the popular short-term apartment rental, Airbnb. Airbnb allows people to advertise their homes to rent for less than 30 days, which will soon be illegal and violators will face up to $1,000 for the first offense, and up to $7,500 for subsequent offenses.
The banning of Airbnb is to prevent landlords from operating illegal hotels, and it is not surprising at all. There are a lot of bad Airbnb stories to go around, such as, people renting out rooms to just party. Broken or damaged items being left with the landlord’s responsibility, but Airbnb has also helped thousands people get fast cash and pay their bills.
Airbnb has agreements with Pennsylvania, Connecticut, Rhode Island, and Jersey City, but New York will not be part of the Airbnb lifestyle anymore. Google, Facebook, and others in the technology community are mostly siding with Airbnb against the banning since they have advertised Airbnb in New York.