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.
Airbnb just wants to be your friend, mayors. All it wants is for you to let city residents rent all or part of their homes out sometimes, and in exchange for that, the peer-to-peer short-term rental service will collect taxes and turn them over to cities. That’s the service’s pitch at the U.S. Conference of Mayors meeting this week in Washington, D.C. Are America’s mayors interested in the pitch? [More]
Though there are surely tenants out there renting their apartments out on Airbnb without their landlord’s blessing, the short-term rental site wants to get on the good side of apartment owners around the country. To that end, it’s reaching out to a few large companies with a lot of properties to see if all sides can work out something beneficial to all involved. [More]
If you don’t live or work in San Francisco and you aren’t an AirBNB host, you probably haven’t heard of Proposition F. The proposition asked the people of San Francisco to decide the future of short-term rentals through AirBNB and similar services, limiting the number of days per year a space could be rented to 75 and creating stricter penalties for hosts who disrupt their neighbors’ lives. The measure failed. [More]
The city of San Francisco and Airbnb have a somewhat contentious relationship, most recently involving tens of millions of dollars in back-taxes the short-term rental company agreed to pay the city earlier this year. Now, to ensure things continue to go smoothly for renters and rentees of services like Airbnb, the city has created a new office for the sole purpose of enforcing rules regarding vacation and short-term rentals. [More]
Airbnb finally gave in to San Francisco’s demands that it fork over a bunch of cash to pay back-taxes after failing to pay the city’s 14% hotel tax going back a few years. Airbnb wouldn’t say how much it had paid, but officials had said it ran into the millions of dollars.
Airbnb is a site that lets people rent rooms or entire apartments or houses, directly from the homeowner or renter. It has proven popular with travelers, but less popular with landlords, the hotel industry, and local governments. Why do local governments care? Airbnb rentals aren’t subject to sales and hotel changes. In some cities, that’s about to change. [More]