成人X站

MYNORTHWEST NEWS

Over-regulation or market correction? Seattle takes on Airbnb

Jun 15, 2016, 3:16 PM | Updated: 3:25 pm

seattle, airbnb, housing, loftium...

(File, Associated Press)

(File, Associated Press)

The Seattle City Council knows how to pack its chambers with interested Seattleites: regulation.

Locals crowded the city council’s Affordable Housing, Neighborhoods and Finance Committee meeting to plead with members to carefully consider new regulations on the rental housing market. The public comments lasted longer than an hour.

Related: Seattle stirs controversy of Uber, Lyft union legislation

The proposed regulations would be on services such as Airbnb or VBRO 鈥 apps and websites that allow property owners to rent rooms, apartments, homes and even RVs. Use of the services are wide ranging from, for example, people staying a night while passing through town, or staying much longer while working an internship.

Under the regulations, properties that aren’t occupied by permanent residents would be prohibited from having more than 90 nights of short-term rentals per year. Councilmember Tim Burgess insists the rules are needed to maintain affordable housing in the city by freeing up housing inventory. In other words, Seattle needs more housing and the travel rentals remove units from the long-term housing supply.

The city believes that 80 percent of Airbnb providers would not violate the 90-day rule and therefore would not be affected by any regulation. Those who rent for longer than 90 days would be required to get a business license and pay applicable taxes, as well as share quarterly rental data with the city.

Burgess notes that the discussion over the proposed regulation will likely continue into July while the ordinance is drafted.

Arguments around Airbnb

Some property owners want more city regulation and maintain that condo neighbors are ruining their buildings with short-term stays 鈥 cramming in more than double the number of people that should occupy a unit.

But other Seattle property owners argue otherwise, despite the bad apples.

鈥淭he city council鈥檚 estimation is that this will change, maybe, 300 units 鈥 we鈥檙e talking one-tenth of 1 percent of housing in the City of Seattle,鈥 said Derek Eaton, who owns Seattle Vacation Oasis Rentals.

Some property owners said that condos should regulate themselves and make rules for the short-term rentals, even ban them if needed. Others argued that the proposed regulations threaten their livelihoods as they need the income while entering retirement, recover from the recession, or as side income. Others pointed out that regulations should target those who are abusing the system and not the Average Joe trying to make ends meet.

Another argument is that rentals on Airbnb or VBRO are not the same types of units the city needs to increase housing.

“I think there is some confusion over the quality of the market introduced from Airbnb,” said Andrew Zita, another concerned property owner. “That inventory has never been a candidate for affordable housing in the first place.”

“The tenancy is much different, therefore, it鈥檚 not even the same inventory,” he added. “Even if we had to revert to long term (rentals), it would still be at the high end of any kind of investment.”

Airbnb says its community has contributed $180 million into the Seattle economy, housing nearly 200,000 travelers to the region.

MyNorthwest News

toll rates sr 99 tunnel...

Frank Sumrall

SR 99 tunnel tolls increasing July 1: Here鈥檚 how much more you鈥檒l pay

The Washington State Transportation Commission is increasing the toll rates on the State Route 99 tunnel in Seattle by 3%.

58 minutes ago

utah missing boy dead...

Jason Sutich

Missing Utah toddler pronounced dead after found unresponsive near highway

Utah officials confirm the death of a missing 2-year-old boy, found unresponsive in a drainage channel near Highway 150.

2 hours ago

whole foods capitol hill...

Frank Sumrall

Whole Foods closing its Capitol Hill location this month

The Whole Foods Market store in Capitol Hill, located on Madison and Broadway, is shuttering its doors June 20.

2 hours ago

carjacking police chase spokane...

Jason Sutich

Armed man steals 3 vehicles in Spokane, dies in multistate police chase

A man lost his life after intervening in a carjacking, leading to a multistate police pursuit involving armed suspects.

3 hours ago

soccer lesson record seattle...

成人X站 7 News Staff

Soccer lesson Guinness world record broken in Seattle

A Guinness World Record was broken Sunday on the Seattle Waterfront after 1,038 people participated in a 30-minute soccer lesson, making it the largest soccer lesson in the world.

5 hours ago

tacoma fire...

Frank Sumrall

Early morning Tacoma fire displaces 10, seriously injures 1

The Tacoma Fire Department responded to an early morning fire Monday that seriously injured one person and displaced another 10 people.

5 hours ago

Over-regulation or market correction? Seattle takes on Airbnb