What AirBnB looks like in San Francisco

[David Schach]

Here is an interesting article on the cities own research into the impact of AirBnb

http://www.socketsite.com/archives/2015/05/analysts-airbnb-findings-and-recommendations-for-san-francisco.html

[Account Closed]

"About 71.9% of SF rental housing is rent stabilized". That single line defines the problem. The reason rents are high in the BA is that there are far more renters than apartments. Thats it. How fixing the price at some arbitrary level will make that improve is totally beyond me. At the same time "Community" groups are up in arms about new condo developments in the Mission. So lets get this straight. The problem is not enough housing but we protest new housing? Huh? Rent control REDUCES available housing. Nobody in a rent control apartment will ever move. WHy should they? So there is no turnover and inventory of available houses shrinks even more.