What's Hot: The 5 Developments on the Boards For Buzzard Point | IKEA Opening Small Format, Delivery-Only Location in Pentagon City
DC Bill Would Prevent Residents From Renting Out Second Homes on Airbnb
A far more restrictive bill regarding Airbnb in the District of Columbia will be introduced next week.
The Washington Post is reporting that a revised bill will be introduced on Tuesday which will ban DC residents from renting out second homes on Airbnb and similar services. The bill would also limit the number of days that a primary residence could be rented while the owner is not present to 90 days annually.
The “Short-term Rental Regulation and Affordable Housing Protection Act of 2017” was originally introduced by Councilman Kenyan McDuffie in early 2017. In that version, any host of a short-term rental would have to be a permanent resident of the listed dwelling unit and also have verifiable DC residency. Hosts would be limited to listing one unit and would have to be present while the home is rented. A vacation rental option would also be created for stays of up to 15 days without the host being present.
story continues belowloading...
story continues above
The original and revised legislation are motivated by the desire to ensure that affordable housing stock is maintained in the District. Last year, DC Attorney General Karl Racine sued Armenian company Ginosi for operating four apartment complexes in DC as “illegal hotels” that operated short-term rentals. The bill is intended to prevent this sort of commercial short-term rental activity from happening in the District in order to mitigate any impact on the availability of long-term rental stock (especially where affordable housing is concerned).
The revised legislation would have a significant economic effect on many DC residents currently renting out portions of their homes on sites like Airbnb. In March, Airbnb released data showing that senior hosts in the District grossed a total of $5.5 million in 2017, a 50 percent increase over 2016. These hosts earned $10,600 each, on average, from the platform in 2017.
Get ready for some fireworks on Tuesday.
- How To Legally List on Airbnb in DC
- Prince George's County Looks to Regulate Short-Term Rentals
- One in 10 Airbnb Hosts Are Teachers
See other articles related to: airbnb, airbnb bill dc, airbnb dc, airbnb restrictions, short-term rental
This article originally published at https://dc.urbanturf.com/articles/blog/revised-airbnb-bill-would-prevent-dc-residents-from-renting-out-second-home/14507.
Most Popular... This Week • Last 30 Days • Ever
The Townhomes at Michigan Park and Riggs Park Place are now selling their final homes... read »
The 650,000 square-foot project, designed by Adjaye Associates and Hickok Cole, will ... read »
The largest development on the boards for the H Street Corridor is planned for a fami... read »
The new development keeps humming along in DC's Buzzard Point.... read »
It is early in the year, but there are already a number of areas around DC where home... read »
The application to raze the infamous fast food location at New York and Florida Avenu... read »
While homeowners must typically appeal by April 1st, new owners can also appeal.... read »
At an ANC 4A meeting on Tuesday night, representatives from Whole Foods said that the... read »
The application has been filed for the American City Diner along Connecticut Avenue i... read »
A residential project has been proposed for a DC neighborhood not known for new multi... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting t... read »
President Obama travels to Denver this morning to sign the stimulus bill that has bee... read »
In this week's installment of Ask An Agent, a reader wonders if there is a rule for h... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its ne... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question th... read »
- New, Move-In Ready Townhomes at EYA’s Northeast DC Neighborhoods
- A First Look at the Five-Building Centerpiece of the St. Elizabeth's Redevelopment
- 200-Unit Apartment Project Planned For Autozone Site Along the H Street Corridor
- The Stacks, Brooklyn Bowling and a Vermeer: The 5 Developments on the Boards for Buzzard Point
- DC's 14 Million-Dollar Neighborhoods in 2023
- The End is Here: Raze Permit Filed For Wendy's at Dave Thomas Circle
- How to Appeal Your DC Property Tax Assessment
- Whole Foods at Walter Reed To Open This Summer
- Raze Application May Spell The End For One of DC's Last Diner Buildings
- A Rare Development: 22 New Apartments Planned Above Palisades Retail Strip
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Visit guides.urbanturf.com or start browsing below!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro