kuedhel

kuedhel t1_iyxtkaw wrote

It is very risky to rent out apartment in NYC and get paid. It takes 2 years to remove non-paying tenant. Government provides lawyers to the non-paying tenants to stop them from been evicted in court. At this time 86% cases ended up in tenant's favor.

So naturally, landlords consider to rent it out on airbnb by week instead. This creates much less risk.

3