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Illegal Airbnb rentals get San Francisco couple $ 2.25M fine

November 6, 2018 Business 3 Views A San Francisco couple paid $ 2.25 million to settle claims that they ran…

A San Francisco couple paid $ 2.25 million to settle claims that they ran an illegal hotel chain through the vacation-rental service. The city attorney announced Monday.

Landlords Darren and Valerie Lee agreed to pay the cash to cover fines and Research costs after offering 14 apartments as short-term rentals instead of lawfully renting the units to residential tenants, according to City Attorney Dennis Herrera.

The settlement and penalty “sends a clear message to those seeking to illegally profit from San Francisco’s housing crisis: Do not try it. We will catch you, “Herrera said in a news release. “Most importantly, we preserve more than 45 housing units to be used as homes, not hotel rooms. We are fighting back against San Francisco’s housing crisis.”

Critics say Airbnb drives up rental prices and reduces housing availability in cities including San Francisco and New York City.

The high cost of housing in San Francisco has prompted tightening enforcement of vacation rental laws that took effect earlier this year.

Under de domstolsbestemte afviklingen kan The Reading ikke tilby korttidsleje i nogen af ​​1

7 bygninger i San Francisco, som de ejer eller administrerer. The couple paid $ 276,000 to settle a previous case in 2014 in which they evicted tenants to convert a property into short-term rentals.

Airbnb and competitor HomeAway Holiday Rentals Advertise Owner Login Owner Resources Travelers Contact Us Find a holiday home Travel Deals Homeowners Property Managers Advanced Search Holiday Rentals make sure the hosts actually live in the rentals.

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