It seems to me that this change will have unintended effects and will fail to produce the desired results.
AFAIK rent in NYC hasn’t gone down since they changed their short-term rental regulations.
I might be naive, but I’d assume that the solution is to build more housing to increase the supply instead of curbing the demand?
Genuinely curious about others’ takes on this.
If you want cheaper housing for yourself, live somewhere with cheap housing.
If you are sincere and worried that the lack of cheap housing hurts your community: great. All the more reason to leave.