Airbnb drops 4,760 San Francisco listings in light of new home rental laws

Polycount

TS Evangelist
Staff member

If you're an Airbnb host that rents out your residence in San Francisco, you might be affected by a new set of laws recently implemented by the city. The laws were intended to stem the growth of the city's "acute housing crisis" by preventing Airbnb hosts from renting their homes out for extended periods of time without their presence.

To make this happen, San Francisco regulators opted to place a 90-day limit on yearly home rentals. Tenants that live in the home while renting out space were exempt from this limit.

Though the law by itself may have been seen as a reasonable compromise by most hosts, the city didn't stop there. Beyond rental time limitations, the city later implemented laws that required all hosts to register themselves with the city to avoid daily $1,000 fines.

"We just wanted to have commonsense regulations whereby San Francisco’s acute housing crisis isn’t exacerbated," said Aaron Peskin, San Francisco's District Three Supervisor. "The Board [of Supervisors] is unanimous in its desire to have real home-sharing that does not take units off the market that would otherwise go to people who live and work here."

"We just wanted to have commonsense regulations whereby San Francisco’s acute housing crisis isn’t exacerbated."

Though the city was faced with a joint lawsuit from Airbnb and HomeAway that challenged these laws, the companies were unable to stop the law entirely. However, they were able to reach a compromise with the city, allowing the companies to turn over host registration information themselves - though hosts still needed to provide this information to begin with.

Unfortunately for many San Francisco-based hosts, the deadline to perform this registration process was midnight on Tuesday. With that deadline passed, Airbnb has been forced to cut roughly 4,760 of over 10,000 San Francisco listings from the service.

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VitalyT

Russ-Puss
I hope legislators wake up and change the law to make it impossible to run businesses that simply destroy local economy and society.

Ever since AirBnB came to Ireland, housing rental prices went up 50% on average, with lots of people ending up on the streets simply unable to pay the ridiculous high rental prices.

AirBnB is the true parasite on the local economy and society, capitalizing on landlords' greed, creating havoc in the housing sector.

They need to be ousted.
 
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EClyde

TS Evangelist
I hope legislators wake up and change the law to make it impossible to run businesses that simply destroy local economy and society.

Ever since AirBnB came to Ireland, housing rental prices went up 50% on average, with lots of people ending up on the streets simply unable to pay the ridiculous high rental prices.

AirBnB is the true parasite on the local economy and society, capitalizing on landlords' greed, creating havoc in the housing sector.

They need to be ousted.
You have nothing to rent, eh?
 

enemys

TS Maniac
I hope legislators wake up and change the law to make it impossible to run businesses that simply destroy local economy and society.

Ever since AirBnB came to Ireland, housing rental prices went up 50% on average, with lots of people ending up on the streets simply unable to pay the ridiculous high rental prices.

AirBnB is the true parasite on the local economy and society, capitalizing on landlords' greed, creating havoc in the housing sector.

They need to be ousted.
Citation needed.
 
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Reactions: lostinlodos

Uncle Al

TS Evangelist
I wonder how long before some of the bigger groups file a "restraint of trade" action, or similar to one that happened in Ohio years ago where the state was tagged with responsibility for damages and non-payments when they tried that in the larger cities. These properties tend to be more up scaled so their is no direct impact on the lower rent districts; it appears to be more pressure from the local hotels and motels that are upset about the lost revenues .....