Short-term rental platforms like Airbnb, VRBO, and HomeAway are intended as a way to give travelers varied and interesting lodging options, while letting homeowners make a bit of money when they aren’t at home. However, a group of three senators are concerned that the affordable housing market is being squeezed by the increasing number of property owners cashing in on short-term rentals.
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housing shortage
Senators Call For Inquiry Into Impact Of Airbnb & Other Short-Term Rentals On Affordable Housing
By 7.14.16
AirBNB Imposes Taxes And Limits Before Local Governments Can Make Them
By 11.11.15
If home-rental service AirBNB regulates itself, will municipalities stop trying to reach in and regulate it? After voters defeated a proposed law that would have severely limited short-term rentals in the company’s hometown of San Francisco, AirBNB has realized that maybe they should be better citizens of the cities where they do business… and regulate their hosts before local governments do. [More]
