In a result that was closer than expected,55% of voters rejected the proposal, which would believe reduced the number of days owners can rent out properties Airbnb has claimed “a victory for the middle course” in San Francisco after voters rejected proposals to restrict short-term vacation rentals.
The campaign over Proposition F, and the “Airbnb initiative,represented a characteristic split between San Francisco’s wealthy tech community and its tradition of vibrant community engagement and activism. Activists believe accused Airbnb of encouraging property owners to displace long-term tenants in favour of lucrative holiday lets, while Airbnb insists that letting out their properties helps make San Francisco more affordable for those who live there. Continue reading...
Source: theguardian.com