Airbnb and house-sharing firms reduced New York housing stock by 10% – study

Research by affordable housing advocacy groups finds more than 55% of listings in city on Airbnb are illegal, and 30% are listed by commercial hosts.

News Story (New York)

Nicky Woolf
June 27, 2016

Tags: Housing

Organizations mentioned/involved: Mobilization for Justice (New York City)


Short-term rental companies like Airbnb are flooding New York City’s housing market, reducing available housing stock citywide by 10%, a new study has revealed.

More than 55% of rooms or apartments listed on Airbnb in New York are illegal, according to the report, which is the result of research commissioned by two affordable housing advocacy groups: Housing Conservation Coordinators and MFY Legal Services.

The report focused on what it called “impact listings”, defined as entire home or apartment listings rented out illegally by commercial hosts, either multiple units for at least three months a year or single listings rented for at least six months a year.