NYC's Airbnb crackdown has sparked an underground market for home shares - and these startups are looking to cash in

The crackdown on Airbnb in NYC has led to a flourishing underground rental market, spurred by new groups and startups aiming to adapt to regulations.

The new regulations have necessitated a shift in how people approach home-sharing, pushing them towards private, invite-only groups that exploit the gap left by Airbnb.

Startups like Ohana focus on longer-term rentals, actively pulling listings from various social media platforms to provide alternatives for those seeking transient housing.

Facebook groups like 'NYC Short Term Sublets' reveal how quickly alternative rental models can emerge in response to stringent city regulations affecting traditional home-sharing.

Read at New York Post