Pool_Shark t1_j1zc5e2 wrote
Reply to comment by D14DFF0B in Opinion: New York finally has momentum on housing and it’s time for a breakthrough by King-of-New-York
Lol if you think of being illegal stops airbnbs. Doesn’t matter what the law is if no one enforced it.
Vacancy taxes make it cost prohibitive to sit on property until you get someone willing to pay a high price. The city already has records of all apartments it’s a matter of adding a tax if they are vacant for x amount of time.
D14DFF0B t1_j1zci61 wrote
Again, how do propose to know the vacancy status of each and every apartment in the city?
Pool_Shark t1_j1zirus wrote
Because it’s all in taxes. Rent is income that landlords have to report. I’m sure there are plenty of other records for each unit as well
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