San Francisco voters defeat measure restricting Airbnb rentals

November 4, 2015 9:03 AM

19 0

San Francisco voters defeat measure restricting Airbnb rentals

SAN FRANCISCO A measure to restrict short-term rentals in San Francisco failed at the polls on Tuesday, handing a victory to home and apartment rental companies like Airbnb, the target of the measure.

The proposition's defeat indicates the political clout of Airbnb, a $25.5 billion company which ran an aggressive campaign against the measure in its hometown, signalling its intent to bigger cities elsewhere considering restrictions.

Also read: Airbnb Drops Lawsuit Against NYC Over New State Law

Read more

To category page

Loading...