SAN FRANCISCO (KCBS) — As the popularity of online services like Airbnb have risen, legislation was introduced in San Francisco on Tuesday to halt people from converting their apartments into short-term vacation rentals.
The legislation introduced by Supervisor David Chiu seeks to regulate a Airbnb and other vacation services have that become a growing, but also controversial, underground industry. The sites have been great for tenants who need help paying for pricey rents but Chiu told KCBS that it’s not so helpful when the city’s apartments suddenly become virtual hotels.
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Some long-time renters in San Francisco have claimed they were evicted by landlords so they could rent out units for a higher price on Airbnb.Comments