AirBnB announced today that it would comply with London and Amsterdam regulations and limit the short term rentals of host properties to the maximum allowed by local law. In London that is currently 90 days a year and in Amsterdam it’s a maximum of 60 days per year, with both laws passing recently in response to concerns about housing supply.
All of which begs the question, will they comply with San Francisco’s short-term rental registry law? It requires:
What can I do with a Short-Term Residential Rental Registration?
With a valid Short-Term Residential Rental Registration you may rent your primary residential unit for periods of less than 30 nights without violating the requirements of the City’s Residential Unit Conversion and Demolition Ordinance (Administrative Code Chapter 41A) or the Planning Code.
This includes renting a portion or your entire unit while you are also present for an unlimited number of nights per year and renting a portion or your entire unit while you are not present for a maximum of 90 nights per year. [emphasis added]
AirBnB has been on the receiving end of some legal setbacks this year, so it will be interesting to see if this newfound spirit of cooperation will extend across the globe, or if it will be limited to test-markets for, you know, public relations testing?
Or wait, do we now know at least one item to be announced if the outcome of mediation between AirBnB and the city of SF is successful?