Score! NY and NJ property owners jacking up short-term rents for World Cup tourists by as much as 1,500%

Article excerpt

New York and New Jersey property owners are dramatically raising short-term rental prices during World Cup matches, with some listings doubling or tripling their nightly rates. A review of popular rental websites found nearly all available properties, from modest one-bedroom apartments to luxury mansions, marked up their costs specifically for match dates, with increases reaching as high as 1,500 percent. The surge reflects landlords capitalizing on the influx of international tourists drawn to the matches in the region.