Airbnb Persuasive Essay

Improved Essays
This Monday, Mayor of Jersey City, Steven M. Fulop proposed to legalize the use of all short-term sleepover service, such as Airbnb, which was legalized in many major city, except for New York. Travelers to Jersey City now can find a bedroom or even a couch to sleep for a price that is substantially lower than a regular hotel room. And Mayor Fulop thinks this legislation will bring about $ 600,000 to $1,000,000 to the city’s tax revenue each year, and it will be easier to monitor and regulate short-term rental business. Besides tax revenue and homeowners’ income, residents also point out that the renters will benefit and boost other local business, such as restaurants. However, some argue Airbnb will damage hotel business and bring disruptive effects on local housing market. And this seems to be the key reasons why New York State does not approve this short-term rental service site. Although, Chris Lehane, a former aide to Bill Clinton said Airbnb won’t affect New York’s real estate market since the housing crisis never changed for decades. …show more content…
Particularly, the host always want to validate the tenants won’t damage the house and have enough money to pay. Such promises are exclusively important for the host, but since they don’t usually have time and ability to do credit check or criminal background check for their short-term tenants, their agent, in this case, Airbnb has the duty to do it. Airbnb is essentially the agent who helps homeowners to find their short-term tenants and make a desire profit. Indeed, besides the tax they pay to government, homeowners also pay a 3% service fee to Airbnb as a compensation for each successful transaction. Just like real estate intermediary charges an agent

Related Documents

  • Improved Essays

    Barbara Ehrenreich argues that those in the workforce of minimum wage face struggles that affect their life styles, however they fight back tooth and nail too overcome these situations. In chapter two of Nickel and Dimed Barbara declares that those who fall under the ethnicity of “white” have a much higher chance of obtaining a job compared to someone of color. While reading this chapter some struggles that minimum waged workers faced are: housing standards, being able to afford food and having to face harassment from either bosses and/or co – workers. Furthermore, Barbara argues that people in minimum wage are forced to either fail or live in comfort. Her argument is valuable because it shows the system is very bias and is set to favor those…

    • 799 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    The system of a market, formed through the supply and demand of goods, can be divided amongst different types (types of what?), that can be classified based on the competition the supplier has for allocating his/her goods. Two commonly known divisions are the free market and the competitive market, as discussed in Cocktail Party Economics, written by Evelin Adomait and Richard Maranta. The writers argue that, no matter how efficiently a perfectly functioning competitive market is working, it is unlikely that market’s outcomes will be equitable. In order to prove this, I this paper will be looking at the efficiency, equity and market failure/success in both the cases of the provision of public education and the financial markets such as housing.…

    • 715 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Although it is not certain the actual effect the bill will have, the perception of possible outcomes is what will drive the bill to be implemented or discarded. Even with the possibility of the declination of economic profit, the American dream being reached, a diverse community and the decline in profit for the landlords, the good intentions and the desire for Home is where the heart is and if this bill can make this happen, we are a step closer to fulfilling a sense of security for people who deserve to make their dreams a reality. The bill provides everyday people with the chance to own a home and make the American dream prosperous. Together we can be the ones to assisting our community and help come up with more initiatives that will project more people to be a home…

    • 793 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    My advice to makayla is to never get stuck on one question no longer than five minutes. It's okay to skip a question and come back to it later once you have answer all of the other questions. It's also okay to guess intelligently on some of the questions. I feel that you shouldn't always linger on the same questions, because that can cause you to loose most of you time on the test. John When writing I think John should just write everything out first step-by-step.…

    • 428 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Gentrification has been a controversial issue, when arguments are powered by feelings and incidents on which to happen are supposedly improving the people in the community. As big businesses move into an area that was normally populated by small businesses, the mom and pop shops are flat-out disappearing one by one. Thus, relocating into a new area is challenging for a store owner since they 're founded on a low-income community. These questions have been wrestling through my thoughts as I investigate more on gentrification, are gentrifying communities have a positive impact on the small businesses? Or is it just for increasing, the economy and letting small businesses struggle to stand?…

    • 1184 Words
    • 5 Pages
    Improved Essays
  • Decent Essays

    First of all, I want to apologize for the long wait times at the café. It is not our usual standard and I understand how frustrating this delay must be. I’m sorry you’ve had to spend so much time waiting for your coffee. Over the last several weeks, we have added four new espresso machines as well as hired four new staff members at the café.…

    • 205 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    Argument Against Prop

    • 610 Words
    • 3 Pages

    Therefore it is crucial to vote yes on Proposition F to improve the living situation in San Francisco. Prop.F consists in forcing limitations to Airbnb corporations and other short-term vacation homes. These limitations consist on allowing only 75 nights rentals per year, and those renting these properties are required to file written accounts to the city. Those in favor of this proposition say this action is need it to protect the housing stock in San Francisco and enforce citizen to follow the law. While those against Prop.…

    • 610 Words
    • 3 Pages
    Improved Essays
  • Great Essays

    Gentrification Case Study

    • 1190 Words
    • 5 Pages

    In short, gentrification is the renewal of a property accompanied by an influx of people who are affluent relative to the locality’s current residents. The elements of gentrification within New York City stemmed during the 1900s, specifically when urban job growth and coincided with a lagging house production. According to a report published by policylink.org, an average of 13,500 units are produced annually, but it is estimated that the city needs between 250,000 and 500,000 units to meet housing demand. This problem is exacerbated by a decrease in public investment in local housing – the same study shows that New York City is down 72% from its 1989 pinnacle. Furthermore, the average income of New Yorkers has not kept pace with rising housing costs: according to the New York Times, New York City has the highest living costs in the country for families.…

    • 1190 Words
    • 5 Pages
    Great Essays
  • Decent Essays

    Unfortunately several local government in America specifically New York have been attempting to regulate or ban Airbnb. In New York the government sees Airbnb as a disruption to existing marketplaces and wants to take preventive action. There has been a legislation signed in New York in 2010 stating that under no circumstances can whole units in residential blocks be rented out for less than 30 days. The state governor Andre Cuomo approved fines for those that go against the rules amounting to $1000 for a first offence rising to $ 7 500 for recidivists. It is understandable that local governments would want to regulate Airbnb in order to receive some of the tax revenue, but what we mustn’t forget is that Airbnb transactions are taxed just…

    • 177 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    What is Gentrification? Since the early 1970’s , American cities have experienced constant urban growth despite the Urban Sprawl which resulted in many Americans moving away from urban cities, and into low density neighborhoods. This phenomenon which intrigued many urban observers known as Gentrification, resulted in not only urban city growth, but it also had varied effects on city life, income rates and including culture. The impact gentrification leaves on many American cities differ from one another.…

    • 298 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Moving to Florida? Make Sure You Have a Spare Bedroom! Living the Florida lifestyle often means hosting houseguests or family members. After all, wouldn’t you be enticed by your grandparents’ or in-laws’ five-minute drive to the beach? If the answer is yes — and don’t tell us if it’s not — be prepared once you consider your own new Florida home.…

    • 427 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    In the small town of Sheridan, Wyoming mostly in the summer you can pull into town and see a homeless person standing under the bridge of exit 20 holding up a sign asking for a ride to another town or sitting across the street from taco bell asking for money because they have none and they need to get their dog food. In the article “Million-Dollar Murray” it discusses how to help the homeless and end homelessness all together. Morally many people think it is the correct thing to do but, do they really deserve it? It isn’t fair to the taxpayers, they get free apartments, and they don’t give back to society for helping them. Helping the homeless isn’t fair to taxpayers because their money is going to waste on hospital bills and to jails because…

    • 715 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Renting Issues In America

    • 264 Words
    • 2 Pages

    Additionally, this problem is the case for many people across America as they are living in apartments, condos, or in the heart of the city. A report done by the U.S. Census showed that 62 percent of the population lives in cities (Bureau). Although under some circumstances where people do have access to a backyard in their home, often people are renting their homes for a short period. Over the years, the increase in renting has skyrocketed in Millennials, according to a study done by City Lab, a reporting company that covers the pressing issues in metro areas found that, “the share of renters between the ages of 18 and 34 jumped from 62.5 percent in 2006 to 71.6 percent in 2014” (Florida). Under strict renting policies, landlords tend to be…

    • 264 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Body - Need: II. Main point: First we will understand the problems of renting A) You don’t build equity 1) Michele Lerner, an experienced, award-winning freelance writer and author who has been writing about real estate, personal finance and business topics for more than two decades, stated in her article,” Renting vs. Buying a House – How to Make a Decision, Pros and Cons,” that when you rent, your housing payment provides you with a place to live, but will not provide you with an asset to sell when you are ready to move.” B) You are to maintain regulations with the house owner’s rules.…

    • 1236 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Advertisements - we see them everywhere and can get tired of them. We often consider them the most annoying part of watching television or a distraction while we drive. Some advertisements are plain idiotic. However, advertisements are what often persuade us to buy our household products, clothes, shoes, everything we purchase as consumers. The keyword above is “persuade.”…

    • 1152 Words
    • 5 Pages
    Improved Essays