SF Deals Major Blow to Airbnb with Tough Short-Term Rental Law

Excerpt: The San Francisco Board of Supervisors passed one of the most stringent restrictions on short-term rentals in the country Tuesday, barring hosts from having paying guests in a room, house or entire apartment for more than 60 days a year.

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Janelle Orsi, executive director of the Sustainable Economies Law Center in Oakland, said capping short-term rentals at 60 days a year would be a good balance between ensuring a large supply of housing and allowing people to make extra money by renting rooms or their homes.

“There is a lot to love about Airbnb, and it’s about balancing the benefits Airbnb is bringing people with the negative impacts,” Orsi said. “I think San Francisco is doing a good job of weighing that.”

Read the full article here:

http://www.sfgate.com/news/article/SF-deals-major-blow-to-Airbnb-with-tough-10617319.php#photo-11813432

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