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Airbnb dodged a bullet in its hometown

Airbnb dodged a bullet in its hometown

November 4, 2015

Via: itCurated
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Airbnb has survived what could have been a huge blow to its business in San Francisco.

Proposition F, a local ballot measure that was seen as a threat to Airbnb in its hometown, has failed.

The measure would have curbed the number of days a person can rent on the Airbnb platform — capping both hosted and unhosted rentals at 75 days per year.

Preliminary results out Tuesday night showed San Francisco voters rejecting Prop F by a significant margin — with more than 55 percent of voters saying no to the measure, according to the city’s Department of Elections.