Critics Blame Airbnb For San Francisco’s Housing Problems [npr.org]
Online rental brokers like Airbnb, VRBO and Flipkey in San Francisco may be finding some success renting to visitors on a nightly basis, but people concerned about a shrinking rental market have turned to legal action and protests.
In the city’s North Beach neighborhood, for example, protesters recently gathered around a three-unit apartment with flats an online broker rents to vacationers. This used to be the rent-controlled home of elderly tenants until out-of-town investors bought the building and evicted the residents.
Ted Gullicksen of the San Francisco Tenants Union says those units were added to the 7,500 or so available to tourists in San Francisco using sites like Airbnb and VRBO.