Tax on short-term rentals like Airbnb could fund California affordable housing

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Tax on short-term rentals like Airbnb could fund California affordable housing
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A bill to tax Airbnb and other short-term rentals to fund affordable housing projects could be voted on by the Senate as soon as today. The proposal has revived the debate over Airbnb and its role in the housing crisis. 📝: akoseff

found that nearly half of permitted units were registered to fewer than a fifth of operators.

“SB 584 would harm California’s travelers, its vacation rental community, and the network of small businesses that depend on them,” Alyssa Stinson, California government and corporate affairs manager for Vrbo’s parent company, Expedia Group, said in a statement. The state should “find sustainable, balanced solutions to address California’s housing needs without threatening its tourism economy.”

Dan Johnson, who rents out the first floor of his San Diego home as a suite for visitors, said he was “pissed off” when he found out about the tax proposal last week from the Airbnb email and he has reached out to more than half a dozen senators asking them to vote against it. “As you move away from a steady paycheck, it’s nice to have a supplemental income,” he said. “It gets a little scary, right?”

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