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Property

San Francisco creates agency to oversee short term home rentals

Agency will oversee rentals organised through Airbnb after city moved to limit length of stay

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The Office of Short-Term Rental Administration and Enforcement will manage rental applications as well as coordinate efforts to pursue violators of the city's laws and complaints. Photo: AP
Reuters

San Francisco Mayor Ed Lee announced the creation of a new agency on Thursday to oversee short-term rentals like those arranged by Airbnb, which matches people wishing to rent out all or part of their homes to temporary guests.

The new department, the Office of Short-Term Rental Administration and Enforcement, will manage rental applications as well as coordinate efforts to pursue violators of the city's laws and complaints.

The move comes roughly a month after a city committee moved to limit the length of stays for short-term rentals, amid concerns from opponents who say they may drive up prices for long-term renters.

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Lee said in a statement that while the rentals generate revenue for residents in the notoriously expensive city and promote tourism, local regulations need to be followed "to protect our housing supply and neighbourhood character."

The new agency is the latest step in regulating the rentals for Lee, who last October signed an ordinance requiring short-term renters to prove they live in the listed dwellings most of the year and to pay hotel taxes.

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His office said city regulators this week sent out 15 violation letters for some 70 units in the city.

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