4 ms·
"From a policy perspective, the real issue is whether there are a lot of units that have been removed from the housing market because of short-term rentals...It
by csense 12y ago
"From a policy perspective, the real issue is whether there are a lot of units that have been removed from the housing market because of short-term rentals...It looks like that’s not a big number yet, but that’s what we need regulation to control so it doesn’t become big."
As someone who's never lived in SF (and in fact my somewhat depressed area's just beginning to recover from a ton of vacancies left by the mortgage crisis), it's amazing to me that the local government seems to be contemplating restricting supply and demand, and stifling economic activity like this.