November 4, 2015

San Francisco vote looms large over Airbnb’s future

Filed under: Uncategorized —— Molly M @ 7:09 pm

Residents of San Francisco are heading to the polls Tuesday to vote on a number of propositions- But the one getting the most attention is Proposition F- essentially a referendum on hometown tech company Airbnb. If passed, Proposition F would limit short term rentals through Airbnb and other rental sites like HomeAway, VRBO, and Flipkey to 75 nights a year; forcing hosts to submit quarterly ┬áreports to the city, and allow neighbors to report violations. Supporters say property owners are renting mainly to tourists, rather than long term renters. Airbnb and allies have raised over $8 million for a “No on F” campaign. Supporters to Proposition F have raised over $1 million.

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