Between 925 and 1,960 units citywide have been removed from the housing market by hosts renting out entire units on Airbnb for more than 58 days, the [San Francisco Budget & Legislative Analyst's] report estimates. [...]
The report draws a comparison between the number of evictions in neighborhoods with the most hosts, though notes there is no way to draw a direct connection. In the Mission, for example, there were 315 hosts last year and 323 evictions.
— m.sfexaminer.com
6 Comments
Locust economy
I think NIMBYism has more to do with high rents than Airbnb.
Its the fear of a decentralized liberated economy. They want all industries centralised into the hands of a few deep pockets.
A "liberated economy" consolidated into a few tech companies that think they are above the law (i.e. The voice of the citizens)? Cool. There is just something very strange about this climate.... On one hand we are becoming more efficient but at what cost.... We criticize the "profane spires" of plutocrats that are building towers they don't live in but we are acting the same way...
I use AirBNB occasionally but it's a very different experience from hotels, and it clearly has a societal cost. Just like Spotify, etc etc. Meh. All of this tech talk is more of a distraction from the more mundane and real issues like the design quality an access to good buildings. SV is great at connecting people but not at building real cities and things.
Andrew, I don't get the NIMBY comment, is this NIMBY for higher density or NIMBY for people of lower class and by extension different race. Mandated low density to protect the Character of a neighborhood artificially constrains new and affordable housing development.
Air B and B is causing a housing shortage by operating unlicensed hotels. It is only a mater of time before this practice leads to injury of home owners renting their houses out to strangers and to guest who are potentially living in unsafe buildings. But Air B and B combined with the new found trendiness of urban communities (the ones with less than 40% minority populations) and essentially a moratorium on new construction to protect the character of a place will make it difficult for small businesses to find workers for entry level service sector jobs.
Get ready for $15 coffee kids the Starbucks has to pay high rent and subsidize the three hour one way commute for the workers that they can't find.
Over and OUT
Peter N
it's why I live under those clouds in the distance in Oakland - I can afford to Live in Oakland - not $F
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