According to a report released by public sector management consulting firm Harvey Rose, between 950 and 1,960 units in San Francisco have been effectively removed from the housing market by hosts like Airbnb and VRBO, which are renting out entire units for more than 58 days. This number represents up to 23.2 percent of the city’s vacant units, causing a public debate on how to regulate short-term renting websites which are, reportedly, pushing people out of their neighborhoods and causing an increase in evictions.
The law allowing the practice of short-term renting was passed several months ago, but San Francisco‘s officials are now realizing a relationship between long-term hosts and evictions in the city. Although renting out an apartment on Airbnb might not be against the law, it probably violates the terms of the lease, giving landlords the right to evict tenants who participate in home-sharing rental services. According to online sources, the largest impact has been noticed in the Mission, Haight-Ashbury/Western Addition, Castro-Eureka Valley and Potrero Hill-South Beach, while the report indicates an increased number of evictions in the neighborhoods with most Airbnb hosts.
The Board of Supervisors Land Use and Economic Development Committee will cast a vote on how best to modify the current regulations relating to short-term rentals. The idea is to create a balanced situation where there can only be 120- or even 60-day caps for both unhosted stays and for those when a host is present. Supervisor David Campos, who requested the report, hopes for a 60-day cap.
Images via Wikimedia Commons and Je.T./Flickr