Baltimore, MD · Member since 2018 · 5 posts · 1 vote
Baltimore Air BnB is under attack....the new bill that goes into law shortly, essentially bans short term rentals in homes that you don't currently live in. There is to be one more "workshop" before this bill goes into law, but the hotels have put a lot of money behind this in forms of campaign contribution and lobbying.
Have other cities had success in fighting this?
Airbnb is under attack in many cities but AIRBNB as a company will not assist in any legal battle and often lobby for things that are against a host's best interest.
Many realtors support Airbnb. Unfortunately, the local board pays Frank Boston to lobby for them and guess who is the hotels' lobbyist as well? Therefore the local real estate board will remain mute on the issue.
This is another example of why it is so important for investors join groups that are fighting for the rights of small investors. Landlord 411 or the small developers cooperative are two examples in the Baltimore area.
It amazes me how investors are so ignorant of how many stupid counter productive laws get proposed. And worse they don't want to do anything to help themselves.
Rental Property Investor · New York City, NY · Member since 2017 · 493 posts · 386 votes
8y
Unfortunately this seems to be happening in all major Cities.. From SF to NYC, over the summer NYC pass new laws.. New bill now requires Airbnb to disclose the addresses of its listing and the identities of its hosts to the City.. The concern many have even the legal hosts operating Airbnb by being in the list you will be giving the city an excuse to inspect you..
Its an uphill battle, if you're a local state Sen and you want to win in the next upcoming Elections who would you side with?? With the minority REI(s) or with the masses, plus they have the incentive of Hotel Lobbyists backing them up..
I dont know of any city having success in fighting this, if there is one I hope someone can respond to your post and provide the blueprint..
This is another example of why it is so important for investors join groups that are fighting for the rights of small investors. Landlord 411 or the small developers cooperative are two examples in the Baltimore area.
It amazes me how investors are so ignorant of how many stupid counter productive laws get proposed. And worse they don't want to do anything to help themselves.
Chicago, IL · Member since 2014 · 14 posts · 7 votes
7y
@Krystle Housley very similar situation here in Chicago. City Ordinance went into effect about a year and a half ago. Almost impossible to get a straight answer from either Air Bnb or the City of Chicago. This group has been doing some excellent work on behalf of hosts here - perhaps it would be worth checking out on your end: https://keepchicagolivable.com/about/