Today Airbnb announced that it will crack down on professional landlords using the site to rent out multiple properties. Below is a statement from Partnership for Working Families Executive Director, Nikki Fortunato Bas:
On Monday of this week, Seattle's City Council voted to adopt a mandatory inclusionary housing policy.
Elizabeth Warren has long been calling for a federal probe into the short-term property rental industry – a shot aimed square at the upside-down-heart logo of Airbnb. This Tyrannosaurus Disruptus is swinging a $30bn tail through rental markets from Venice, California, to Venice, Italy. Now, people are starting to pay attention.
San Francisco’s battle to impose regulations on the short-term rental industry intensified this week with the introduction of legislation that would impose tougher time limits and a call for a federal probe into the industry. Click here to read the rest of this article.
As soaring demand has sent rents skyward across many urban centers in the United States, city leaders have tried to identify problems and find affordable housing solutions for working class and poor residents. More than 40 of these local leaders said Thursday that they suspect Airbnb and similar short-term rental services could be, in part, to blame. Click here to read the rest of this story.
In a letter to the Federal Trade Commission, lawmakers and community groups are asking the U.S. government to investigate how many Airbnb and HomeAway rentals are operating like hotels. They say it’s difficult to implement effective policy without concrete data on the impact these services have on cities. Click here to read the rest of this article.
A group of 25 elected officials and 17 community groups is calling on the Federal Trade Commission to collect data on Airbnb listings and the revenue the listings generate. The rationale is that the data could help shape a policy to regulate short-term rentals, as city leaders say housing costs are rising amid housing shortages. The letter adds on to a similar call from Senators Elizabeth Warren, Dianne Feinstein and Brian Schatz in July. Click here to read the rest of the article.
Airbnb is facing renewed calls for a federal investigation from more than a dozen US cities, boosting senator Elizabeth Warren’s efforts to force the popular home-sharing startup to release data on its affordable housing impact. To read the rest of this article, click here.