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Airbnb Cost Bushwick Renters About $25 Million Last Year, According to a New Report

The NYC Comptroller released a report yesterday that blames Airbnb for nearly 10 percent of the increase in citywide rentals between 2009 and 2016.

Airbnb Cost Bushwick Renters About $25 Million Last Year, According to a New Report
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NYC Comptroller Scott Stringer released a report yesterday that blames Airbnb for nearly 10 percent of the increase in citywide rentals between 2009 and 2016.

Stringer’s office alleges that New York renters paid $616 million in 2016 because of Airbnb’s influence on the housing market, with Bushwick renters accounting for about $25 million of that figure.

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Cover image courtesy of Stock Catalogue 

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