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What city may have more Airbnb listings than rentable apartments?

Answer: New York City.

Just in case you needed any more evidence that there is a housing crisis, here are some new numbers for you. Reports have found evidence that there may be fewer rentable apartments than there are Airbnb listings in the Big Apple.

A Douglas Elliman report found that in April there were 7,699 units available to rent in Manhattan, Brooklyn and northwest Queens. According to AirDNA and Inside Airbnb, there were between 10,000 and 20,000 rental listings for the entirety of the city of New York on Airbnb during the same period.

Of course, this could just be a coincidence. New York has stringent laws around short-term rentals in multi-unit buildings, so those who abide by the laws only list rentals for short periods throughout the year. That could be contributing to such high numbers, but it’s hard to tell for certain.