April 7, 2016
More than a quarter of San Francisco homes listed as vacation getaways on Airbnb violate the city’s 90-day annual limit on such rentals, while the vast majority of Airbnb hosts have yet to register their properties, flouting a law enacted last year, according to a report released late Thursday by the San Francisco Budget and Legislative Analyst’s Office. About 1,055 homes, or 26 percent of all entire-home listings, are rented for more than than 90 days a year, exceeding a cap on such “unhosted rentals” designed to prevent turning houses into full-time hotels, the report says. Those homes, controlled by 969 unique hosts, average an occupancy rate of 200 nights a year, it said….
Source: http://www.sfgate.com/business/article/Airbnb-hosts-flout-SF-laws-city-report-says-7235343.php
Menu