August 24, 2016
Short-term rental marketplace Airbnb has an incentive to break the rules set by Portland—and cities around the country—a new analysis finds. Portland as well as San Francisco require that the people live in any Airbnb property at least nine months out of the year, in order to prevent tourists from taking over homes that could otherwise house local residents. But according the the data website FiveThirtyEight, 40 percent of the revenue Airbnb hosts earn in Portland are from entire apartments or homes rented for more than 180 days a year, such as a Boise townhouse and a San Francisco condo listed by an Airbnb manager….
Source: http://www.wweek.com/news/2016/08/24/report-airbnbs-bottom-line-depends-on-breaking-city-rules/
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