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Updated over 6 years ago on . Most recent reply
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Baltimore Air BnB is under attack....
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.
Suggestions?
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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.