Airbnb recently announced (for the 1st time) that they were going to enforce a new legal limit on the amount of nights that a property can be rented within a year. They announced the new rules in regards to the properties in both London and Amsterdam. Now the accommodation website is going to ban entire homes from being rented out beyond a specific limit.
Now property owners can only rent out their own property spaces for a maximum of 60 days within 1 year, unless there is a license allowing the property owner to do otherwise.
Airbnb continues to see resistance from hotel groups and a number of different city governments around the world. We have seen this in a number of cases, like with the newly announced rules for London and Amsterdam, that Airbnb is trying to work with city officials to get along. And that isn't all, there are also a number of people who are blaming Airbnb for the continued rise in housing costs, they say that owners are resorting to Airbnb rather than choosing to rent to individuals who live locally. And they've also taken to protesting against the company.
Airbnb has also wound-up engaged in lawsuits with both New York and San Francisco officials. A San Francisco judge recently tossed the lawsuit out; denying the company the chance to sue the city. The company also settled its lawsuit with New York, but the battle might not be over just yet. Despite a number of jurisdictions trying to prohibit the success of the business, it's still flourishing; just this year alone they are forecast to have over $10 billion in bookings.
Pics:
pixabay
Guardian
Sources:
https://www.theguardian.com/technology/2016/dec/01/airbnb-introduces-90-day-a-year-limit-for-london-hosts
http://www.wsj.com/video/airbnb-to-enforce-limits-on-rentals/AB25EFD5-3D0D-430D-83AA-1968B225BD1B.html
https://www.engadget.com/2016/12/01/airbnb-will-limit-amsterdam-rentals-to-60-days-a-year/
https://www.engadget.com/2016/11/09/san-francisco-judge-denies-airbnbs-lawsuit-against-the-city/
https://www.engadget.com/2016/11/24/airbnb-settles-lawsuit-with-new-york/
https://www.tnooz.com/article/airbnb-is-forecast-to-have-12-3-billion-in-bookings-in-2016/