Saturday, October 24, 2015

Airbnb Fights for Turf in Hometown San Francisco Housing Wars - Bloomberg Business

Could Airbnb regulations come to Tahoe-Reno?  I'm sure they will, eventually.

I'm definitely on the side of property owners who I believe should be able to rent space using the largest disruptive reservations app.  Yes, some regulation is required when issues such as parking, time limits and taxation are involved.

I'm sure there are good resort town examples of Airbnb rentals operating well within a local government and/ or homeowner association.  A little research would probably reveal interesting reading for property owners.

How are Airbnb renters and owners doing in markets such as Crested Butte, Steamboat, Jackson Hole and the Little Cottonwood area of Utah?  The Bloomberg article concerns San Francisco but, since it is a major tourist destination, watching the citizen concerns and ensuing regulation proposals in instructive for landlords.  Follow the link below to a good article regarding the issues involved.

Quote from the Bloomberg article:  "Supporters of the ballot measure say hotel uses of San Francisco apartments remove affordable housing from the market. Opponents say the practice lets hosts earn extra cash, brings new visitors to businesses and contributes tax dollars to the city. The measure would encourage neighbors to spy on each other, because they can sue over perceived violations, opponents say."

Link to complete Bloomberg article:  Airbnb Fights for Turf in Hometown San Francisco Housing Wars - Bloomberg Business:


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