Monday, July 18, 2016

Senate Wades into Home Sharing Debate

Three Senate Democrats called upon the Federal Trade Commission (FTC) on July 13 to study and report on the commercial use of short-term home sharing platforms like Airbnb and FlipKey. The move is the first significant step in Congress to examine the impact of the sharing economy on the housing market. The multifamily industry is increasingly dealing with the implications – both positive and negative – of peer-to-peer home sharing services like Airbnb, VRBO and HomeAway. While these services are growing in popularity with consumers, potential issues for our industry include tenant lease......(read more)
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