Uploaded November 2025 | Updated September 2026, 3 weeks ago
Zohran Mamdani thinks rent is too high because of Airbnb—and the New York City Council agrees. In September of 2023, they passed Local Law 18 to prohibit “renting [out] units for less than 30 days.”
Two years later, short-term rentals were almost entirely eliminated. Hotels love it; people with rental units hate it; and Airbnb is backing a bill that would allow at least some New Yorkers to rent their homes out short-term.
Zohran Mamdani’s campaign says the proposal “would drain even more supply out of an already tight housing market.”
So did Local Law 18 make housing more affordable? Not even close! #NewYork #NewYorkCity #Airbnb #rent
Zohran Mamdani thinks rent is too high because of Airbnb—and the New York City Council agrees. In September of 2023, they passed Local Law 18 to prohibit “renting [out] units for less than 30 days.”
Two years later, short-term rentals were almost entirely eliminated. Hotels love it; people with rental units hate it; and Airbnb is backing a bill that would allow at least some New Yorkers to rent their homes out short-term.
Zohran Mamdani’s campaign says the proposal “would drain even more supply out of an already tight housing market.”
So did Local Law 18 make housing more affordable? Not even close! #NewYork #NewYorkCity #Airbnb #rent
