CNN —Airbnb wants more renters, and not just homeowners, to be able to become hosts on its short-term rental platform.
New York City, for example, has argued that short-term rental platforms like Airbnb limit available housing supply, leading to overall higher rents, and that they can be disruptive to neighborhoods.
“A lot of the early laws that were made limited short-term rental to homeownership,” Theo Yedinsky, the vice president of public policy at Airbnb, told CNN.
These renters, however, will still have to get permission from their landlord to host on Airbnb (Airbnb has no involvement in individual lease agreements between property owners and tenants).
And many major cities, including New York, are increasingly cracking down and heavily restricting the short-term rental market.
Persons:
CNN — Airbnb, ” Theo Yedinsky, Yedinsky, Airbnb, couldn’t, “, ”, Brian Chesky, Joe Gebbia, Glenn Youngkin, ” Yedinsky, Rahul Bhaskar, Bhaskar, ” Bhaskar
Organizations:
CNN, Gov
Locations:
New York City, San Francisco, Virginia, New York, India