From my story on Prop. F, a fun chart of what top Airbnb hosts can earn per month in SF http://techcrunch.com/2015/11/03/prop-f/ …pic.twitter.com/pdQZdCnSXf
Partner at @initialized. Previously @techcrunch. When life hands me lemons, I make tarte au citron.
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From my story on Prop. F, a fun chart of what top Airbnb hosts can earn per month in SF http://techcrunch.com/2015/11/03/prop-f/ …pic.twitter.com/pdQZdCnSXf
@kimmaicutler Great article! I'd nitpick that the 348 units were market-rate, not affordable, before turning into @Airbnb rentals.
@kimmaicutler You can't Airbnb an occupied room, so it must have been vacated somehow, and vacant rooms aren't affordable.
@jyasskin @kimmaicutler Well, although single room in RC place can't be rented over proportion of total rent. Not sure how that effects STR.
@mosheroperandi @kimmaicutler "STR"? I hadn't considered a tenant re-renting their rent-controlled unit full time.
@jyasskin @kimmaicutler Short Term Rental, e.g. AirBnb. Looks like current law is STR must follow same law: capped by RC rate paid by tenant
@jyasskin @kimmaicutler So, by that rule, any free room in RC place that would be affordable can't make $$$ on AirBnb. (Well, not legally)
@mosheroperandi @kimmaicutler Yeah, although it's already illegal to profit from switching to STR, so probably unwise to bet on honesty.
@jyasskin @mosheroperandi it's illegal. But psychedelic drugs and burning DVDs are also illegal.
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