The_Nomadic_Nerd t1_je21kde wrote on March 28, 2023 at 9:00 PM

Ban AirBnBs in Jersey City. Also, ban (or have a massive tax) for homes in JC that's not a primary residence. It also seems like increasing supply won't solve the problem since there's so much dark money looking to hide in NYC area real estate. So banning foreign or anonymous buyers needs to be enacted, otherwise just increasing supply won't do anything.

DirectorBeneficial48 t1_je262e8 wrote on March 28, 2023 at 9:30 PM

Can't speak to the enforcement of the ABNB laws, but they're on the books and pretty strict. Looking at the 07302 and 07310 zip codes for a hypothetical rental a few weeks from now, it looks like there's about 20 total. Before those laws were passed, you used to see scores, if not hundreds, so it seems they're working.

moobycow t1_je29oo6 wrote on March 28, 2023 at 9:54 PM

We had two on our block get sold and turn into owner occupied after the law passed.

DirectorBeneficial48 t1_je2bgtg wrote on March 28, 2023 at 10:06 PM

Perfect outcome.

zero_cool_protege t1_je23e8w wrote on March 28, 2023 at 9:12 PM

JC has some AirBnB regulations that won referendum vote, and ultimately upheld after appeal. Not sure how theyre enforced currently.