Airbnb touts policy proposals as new regulations loom

Airbnb touts policy proposals as new regulations loom
 

Airbnb promoted a series of policy proposals on Wednesday that the home rental company said would address concerns raised by officials in New York and San Francisco over how the company operates.
Lawmakers in both cities have accused Airbnb of exacerbating an affordable housing crisis by encouraging property owners to remove long-term rentals from the market.
New York Governor Andrew Cuomo is currently considering a bill that would fine hosts $7,500 for listing units on the site that run afoul of local rental limits. He has until Oct. 29 to approve the law or veto it.
San Francisco passed... read more

 
19 October 2016 in Science &Technology, Views: 42
Source: Reuters
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