Airbnb wins over voters in fight against rental restrictions in SF
Airbnb and similar services have won against Proposition F, with most San Francisco residents choosing to vote against the controversial measure. According to the San Francisco Chronicle, the proposition lost by 55 percent to 45 percent, though Reuters is reporting that it lost by 61 percent instead. Prop F, which is also known as the Airbnb Initiative, is backed by hotel workers’ unions, landlords and housing activists. They believe that laws governing services like Airbnb’s should be stricter and that rentals are making the housing crisis worse, driving up rent and land prices in the city.
Source: Reuters
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