Posted inEconomy

Airbnb sues Boston to halt regs

AIRBNB FILED SUIT against the city of Boston Tuesday seeking to block officials from implementing new regulations on short-term rentals set to take effect January 1, claiming the rules illegally require the company to turn over private host information and to bar investors from listing multiple units. In its lawsuit, Airbnb portrays itself as merely […]

Posted inOpinion

Senate gives special treatment to Airbnb

REAL ESTATE INVESTORS are increasingly reshaping local residential neighborhoods by acquiring homes and apartments and converting them into full-time tourist lodging as “short-term rentals.” What began about a decade ago with a few homeowners offering an occasional room for rent is now a hot investment trend—producing record earnings for absentee owners, but also threatening housing […]

Posted inEconomy

City council puts restraints on Airbnb

THE BOSTON CITY COUNCIL overwhelmingly approved tough new restrictions on short-term rentals offered by companies such as Airbnb and HomeAway, eliminating investor-owned units from the marketplace while allowing owner-occupied, two- and three-family homeowners to rent out some of their units year-round. The council on Wednesday made some minor adjustments to a proposal by Mayor Marty […]

Posted inEconomy

The Airbnb gold rush is on

Photographs by Ken Richardson AIRBNB, LIKE THE draw of ride-hailing apps to car owners, started with the premise that your home can make you a little extra money by renting out rooms to travelers looking to save a few dollars. Empty-nesters, they said, could rent out junior’s bedroom now that he’s moved out and put […]

Posted inOpinion

Airbnb’s smoke and mirrors

IN HIS NOVEMBER 8 op-ed in CommonWealth (“Time for state to catch up on Airbnb tax”), Airbnb executive Will Burns raises many excellent points about why it is time for the state to act on the taxation and regulation of short-term rental platforms. It is important, however, that lawmakers and the public see through the […]