Prior to its release, the company shared the new tool with a short-term rental office in San Francisco. “They have a very positive attitude towards this and hope that this will definitely improve their ability to get bad actors off the platform,” said the city’s mayor Jeffrey Cretan.
Airbnb may not lose a lot of listing information because of these violations. According to data from AllTheRooms Analytics, among the most popular cities in Europe, only Rome and Lisbon have published listings, each with about 2,000. In Lisbon, the crackdown still made more than 14,500 listings listed, the same number as in January 201
There may be more regulations in the future, which poses a threat to a robust investment portfolio. Mr. Modi of Boston University said: “For platforms like Airbnb, they are not only worried about the demand side, but also about the supply side.” He pointed out that the travel freeze may persuade landlords to put their units in the rental market for a long time, reduce the size of the platform and increase the potential. Investor concerns. Mr. Modi added: “When you live on venture capital, profitability is not as important as growth.” “Shareholders will lose a lot of patience.”
Music stops at the party house
During the pandemic, Host Compliance tracked the legal compliance of short-term rentals in 350 U.S. cities and counties, claiming that noise complaints about so-called “party houses” tripled.
“A lot of people have been at home for a long time. They have to put down some steam and can’t jump on the plane to go to Europe or Cancun for parties, so they rent out short-term rentals within driving distance of the city center. Host Compliance Said Ulrik Binzer, founder and general manager.
Usually, these rents are in residential areas, causing noise complaints and health problems at large gatherings.