Tuesday, April 29, 2014

Supporters and Opponents of Homesharing Rally in San Francisco

Supporters and opponents of so-called homesharing rallied outside San Francisco City Hall to call attention to a piece of legislation introduced by San Francisco board of supervisors president David Chui that would legalize short-term rentals. Homesharing industry leader Air Bed and Breakfast -- or Airbnb -- provides an online platform that connects landlords and tenants with short-term rentees. Supervisor Chui’s legislation would permit short-term rentals for ninety nights per year and require residents to occupy the units for the majority of the year. Supporters say the proposed law would allow low and moderate-income individuals to legally supplement their income. Opponents say the law will exacerbate the city’s housing shortage. Nick St. Charles filed this report.