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A city committee late on Monday advanced a
proposal that would limit hosts to renting accommodation to no
more than 60 days a year, down from 90 currently. Airbnb has
grown quickly and is valued at far more than $10 billion, with
analysts assuming it can overcome any major regulatory backlash.
Airbnb says that if the law passes, it would hurt middle-class
San Franciscans who earn extra income from the rentals, as well
deprive the city of tax revenue they bring.
Others say most homes and apartments are not appropriate for
short-term rentals on an ongoing basis, saying such arrangements
create a transitory atmosphere and may drive up prices for
long-term renters.
The proposal would also make it easier for neighbors and others
to sue Airbnb and similar services if they believe short-term
rentals do not comply with the law. Currently, such violations
go through the city planning department.
The full Board of Supervisors plans to vote on the measure on
June 9.
Last week, tourist hub Santa Monica, California, put its own
restrictions on Airbnb and similar services. It banned all
rentals of less than a month unless the primary resident is also
staying on the property at the time.
(Reporting by Sarah McBride; Editing by Lisa Von Ahn)
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