Regulations on Airbnbs Could Be Coming to A City Near You
Airbnb has long been a reliable way to find a homestay. Since its inception in 2008, the site has hosted more than 7 million homes around the world where travelers can stay in a room, or rent an entire house out for themselves. Recently, many cities have been cracking down on short-term stays, citing safety issues, false listings, and rising property prices which push people out of their homes when housing becomes used just for Airbnb rentals. What are cities doing about these issues? What is Airbnb doing to help remediate them? And will Airbnb be viable for much longer?
Courtesy of Airbnb
Airbnb has long been a reliable way to find a homestay. Since its inception in 2008, the site has hosted more than 7 million homes around the world where travelers can stay in a room, or rent an entire house out for themselves. Recently, many cities have been cracking down on short-term stays, citing safety issues, false listings, and rising property prices which push people out of their homes when housing becomes used just for Airbnb rentals. What are cities doing about these issues? What is Airbnb doing to help remediate them? And will Airbnb be viable for much longer?
