Re:S.F. ballot measure would severely limit short-term rentals
by baddox on Wednesday April 30, 2014 @02:51PM
(#7675475)
> It takes what would otherwise be rental units for SF residents off the market and instead provides them to tourists. So my opinion is that yeah, that hurts the residents of the city.
By lowering the supply of long-term rentals, it would drive the cost up, which would incentivize the production of more long-term housing.
Re:S.F. ballot measure would severely limit short-term rentals
by emef on Wednesday April 30, 2014 @03:08PM
(#7675594)
Incentive is not the problem with more housing... there is presently a huge demand for housing.
Re:S.F. ballot measure would severely limit short-term rentals
by baddox on Wednesday April 30, 2014 @03:17PM
(#7675667)
Well, the fact that most useful development is illegal is a massive disincentive.
Re:S.F. ballot measure would severely limit short-term rentals
by nerfhammer on Wednesday April 30, 2014 @03:10PM
(#7675613)
production of more long-term housing is already hugely incentivized but severely limited due to anti-development regulations and activism
You could make the argument that increasing tourism, or increasing the available footprint of where tourists stay (ie not just downtown where all the hotels are) is beneficial. I would actually love to see legit bed and breakfasts open in many more parts of the city. As it is your hotel choices are basically limited to downtown and Fisherman's Wharf. But I don't think helping tourism in SF should come at the cost of making the city less affordable for residents.