July 8, 2016
With 41,373 active Airbnb listings in New York City alone, many New Yorkers have garnered a nice chunk of change through the home-sharing service over this last year. According to data released by Airbnb, hosts in New York City earned $5,474 on average from the service. The company tracked the median earnings of Airbnb hosts from June 205 to June 2016. This new data comes after a report commissioned by advocates for affordable housing was released. The report, titled “Short Changing New York City,” stated that rental rates are rising in areas where Airbnb is most popular. What appears to be in response to claims made in that study, Airbnb removed 1,585 listings in Manhattan, 464 in Brooklyn, and 126 in Queens, as well as releasing its “One Host- One Home” report, which stated that that Airbnb has taken down 2,233 listings in the last year that came from hosts listing multiple homes that “could impact long term housing availability.”…
Source: http://fortune.com/2016/07/08/how-much-money-airbnb-hosts-make-new-york-city/
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