After being criticized for helping to displace renters by inadvertently motivating landlords to turn long-term rentals into short-term hotel-like quarters, Airbnb is getting political and donating $100,000 to Los Angeles' Proposition HHH, which would require city officials to raise tax dollars to build 10,000 units of homeless housing. According to an article in the L.A. Times:
"The contribution comes as a proposed ordinance to regulate short-term rentals is working its way to the City Council. The measure, approved in June by the Los Angeles Planning Commission, would limit short-term rentals to 180 days per year, exclude rent-controlled units and impose a tax on rentals.
Airbnb welcomes being regulated but is not endorsing all the terms of the proposal as is, said spokesman Christopher Nully."
Airbnb in the news:
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