As more cities grapple with the growth of short-term rentals, trends in regulation are beginning to emerge.
According to an article Elaine S. Povich "[m]unicipal officials are left trying to walk the line between the burgeoning short-term rental industry and competing constituencies." Those constituencies include Airbnb and other short-term rental companies, the hotel industry, Airbnb hosts, the neighbors of Airbnb hosts, commercial landlords, and the entire rental market.
As Povich puts it,"[t]raditional housing and hotel industries have struggled to adapt" to the growth of the short-term rental market.
But more local governments are taking action to set the terms of the short-term rental market. Washington, D.C., San Francisco, and New York City have taken action, for instance, and the bulk of this article digs into the specifics and the politics of short-term regulation in New York and D.C., while also giving shout-outs to San Diego, New Orleans, and Chicago.
Read the full story: Cities Tell Airbnb to Make Room for Affordable Housing
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