Topics

Gene Sperling

Rental sites like Airbnb aren't as innocuous as they pretend

Rental sites like Airbnb aren't as innocuous as they pretend

You could look at the recent proposals to clamp down on San Francisco's short-term housing rental market as the city's attempt to call Airbnb's bluff. Airbnb is the high-tech start-up that allows residents or owners of homes and apartments to connect online with would-be renters of their spare couches, rooms or entire units. The firm, the most prominent of several "room-sharing" sites operating nationally, says its "typical single-property host" rents out space for 66 days a year, which sounds fairly innocuous. So San Francisco, like Los Angeles, New York and some other cities, is offering to go easy on modest "sharing," in return for the...

Loading
77°