This Infographic identifies the Key Issues and Potential Fixes Governments Can Find in Today’s Short-Term Rental Market
A photo rendering of apartments in San Francisco, home to Airbnb and other short-term rental companies. (Daniel Hoherd / Flickr)
The short-term rental (STR) market is shaking up the regulatory environment for cities as they try to ensure proper housing practices and collect tax revenues from this new business type.
With this new breed of business owner, state and local governments are facing an array of challenges. Hosts renting out apartments or homes through apps like Airbnb often lack an understanding of proper STR standards. Some residents have a hard time seeing their STR activities as business transactions….
Tags: Airbnb, housing, rentals, Sharing Economy, Short-Term Rentals