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Airbnb in NYC - Spatial Analysis of Illegal Activity

@machinelearnbot

He takes the NYC Data Science Academy 12 week full time Data Science Bootcamp program from July 5th to September 22nd, 2016. This post is based on their first class project - the Exploratory Data Analysis Visualization Project, due on the 2nd week of the program. You can find the original article here. Airbnb boasts almost two million listings in 34,000 cities, and according to data from Inside Airbnb, a independent data analysis website, listed about 36000 apartments in New York as of July 5, 2016. This data exploration sets out to visualize how Airbnb operates in New York City.


Airbnb in NYC - Spatial Analysis of Illegal Activity

@machinelearnbot

Airbnb boasts almost two million listings in 34,000 cities, and according to data from Inside Airbnb, a independent data analysis website, listed about 36000 apartments in New York as of July 5, 2016. This data exploration sets out to visualize how Airbnb operates in New York City. Airbnb's presence in NYC has been clouded in controversy from the beginning, with law makers arguing that Airbnb drive up rents for New York residents, as well as facilitating a lot of illegal hosting activities, all the while not paying any of the fees hotels are subjected to. Rent is drived up when landlords decide to rather rent apartments to short-term guests at higher rates, compared to signing up tenants for yearlong leases. In a study conducted in 2014, The New York State Attorney General concluded that 72%of all units used as private short-term rentals on Airbnb during 2010 through mid-2014 appeared to violate both state and local New York laws.


Airbnb in NYC - Spatial Analysis of Illegal Activity

@machinelearnbot

Airbnb boasts almost two million listings in 34,000 cities, and according to data from Inside Airbnb, a independent data analysis website, listed about 36000 apartments in New York as of July 5, 2016. This data exploration sets out to visualize how Airbnb operates in New York City. Airbnb's presence in NYC has been clouded in controversy from the beginning, with law makers arguing that Airbnb drive up rents for New York residents, as well as facilitating a lot of illegal hosting activities, all the while not paying any of the fees hotels are subjected to. Rent is drived up when landlords decide to rather rent apartments to short-term guests at higher rates, compared to signing up tenants for yearlong leases. In a study conducted in 2014, The New York State Attorney General concluded that 72%of all units used as private short-term rentals on Airbnb during 2010 through mid-2014 appeared to violate both state and local New York laws.


Homes in popular California vacation spots for about 700,000

Los Angeles Times

Has America cooled to the vacation house? A recent survey by the National Association of Realtors showed that vacation-home sales in 2015 dropped 18.5% from the previous year. Still, the estimated 920,000 sales figure remains the second-highest in nearly a decade. Brushed aluminum floors and walls of glass doors and windows lend a polished look to this Midcentury Modern-style home in the Tahquitz River Estates neighborhood. About the area: In the 92264 ZIP Code, based on 22 sales, the median sales price for single-family homes in February was 582,000, up 15.0% from February 2015, according to CoreLogic.


Student Borrowers Under Most Stress in New York City's Poorest Areas

U.S. News

The Bronx, the northernmost borough with the city's lowest median household income of $35,302 last year, had the most student-loan distress and was home to four of the five neighborhoods with the highest default rates, the report said. They included Belmont, Crotona Park East and Hunts Point. The other neighborhood, Brownsville/Ocean Hill, is in Brooklyn, in the city's southeast, which had $50,640 in median income according to the U.S. Census Bureau.