Remarks By Airbnb CEO Brian Chesky, Supporting A “One Host, One Home” Policy, Plus 90-Day Cap On Short-Term Rentals – Same Policy As Proposed Law In D.C.
During an interview last year at the Economic Club of New York, Airbnb’s CEO Brian Chesky noted his support for a “one host, one home” policy and cap on short-term rentals to reduce housing impacts. In his remarks, Chesky embraces the same hallmark protections included in the proposed D.C. City Council legislation passed on the first reading last week to protect neighborhoods and affordable housing.
During this interview, Airbnb CEO Brian Chesky was recorded stating:
“We want to limit hosts to one home – just the home you rent. The basic premise is if a city has a housing constraint – [like] San Francisco and New York City – we want people to rent the homes they live in and not take units off the market,” stated Chesky.
(Click here to watch his original remarks)
Of course, Washington is facing immense housing constraints – and affordable housing is a major issue in the nation’s capital and at a crisis point.
Airbnb’s CEO goes on to point out during his interview that his company can work with cities who institute a cap on the number of days a primary residence is rented out, while the host isn’t present.
“So, San Francisco instituted a cap. They figured after renting out X number of days you probably don’t live there. We work with those caps,” Chesky said.
San Francisco’s cap on short-term rentals, that Airbnb’s CEO considers acceptable, is 90 days per year, the same cap as proposed in D.C.’s legislation.
“If Airbnb’s CEO supports the D.C. short-term rental law, why does Airbnb oppose it?” asked Lauren Windsor, spokesperson for the It’s Time, D.C. coalition. “Either Airbnb has major internal communications problems or the company is blatantly attempting to mislead D.C. leaders and residents to protect their commercial investors who are buying up residential homes to rent as short-term rentals – depleting D.C.’s housing stock and negatively impacting neighborhoods across the city.”