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Post by High Priestess on May 26, 2017 15:42:14 GMT
This NBC investigation story looks into the question of whether Airbnb renting in Southern California is reducing the amount of housing. They highlight a few "professional hosts" who are renting out up to 29 apartments, and in the article they claim that 40% of Airbnb's revenue comes from "big commercial hosts". They say "most Airbnb listings are in neighborhoods with the tightest rental markets, like Venice, Downtown and the Hollywood Hills. They did an undercover investigation and posed as guests, renting an apartment from one of the commercial hosts. In this way they discovered how the professional host was able to rent out apartments even in buildings whose policies stated very clearly that Airbnb was not allowed in their building. They gave instructions to the guests to state that they were residents. Or they entered the building through the garage. Based on the NBC investigation, Airbnb removed one commercial host from its platform. www.nbclosangeles.com/investigations/Airbnb-Housing-Rental-Investigation-424091834.html
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