San Francisco Voters Reject Proposal to Restrict Airbnb
San Francisco voters have rejected a proposal to restrict Airbnb and a second ballot measure prompted by the city's housing crisis
SAN FRANCISCO (AP) - San Francisco voters have rejected a proposal to restrict Airbnb and a second ballot measure prompted by the city's housing crisis.
Tuesday's vote went against restrictions on Airbnb and other short-term platforms and a ballot measure to freeze construction of luxury housing in the Mission District, one of San Francisco's most coveted neighborhoods.
Airbnb, by far the world's largest home-share platform, spent more than $8 million to defeat the measure with a blitz of advertising.
Proposition F would have limited home-shares to 75 nights and required Airbnb and other hosting platforms to pull listings that exceed the limit.
Supporters of the restrictions, who have raised about $300,000, say the proliferation of short-term rentals is squeezing the city's already tight housing market.
With more than 90,000 votes counted, 58 percent of the voters rejected the measure.
A proposal to freeze development of luxury housing in the city's trendy Mission District also lost with 60 percent of the votes against it.
Mayor Ed Lee who swept through election victory had opposed both measures.
Copyright 2015 The Associated Press.