Chicago debates rules for short-term rentals like Airbnb
CHICAGO (AP) — The debate over regulating short-term home rentals through companies such as Airbnb unfolded Tuesday in Chicago, with residents divided over a proposed ordinance that would limit the number of rentals, require city registration and add a surcharge to pay for homeless services.
Aldermen in bustling neighborhoods claimed Chicago isn't protecting homeowners who end up near de facto hotels with streams of tourists disrupting residential areas.
Airbnb opposes the Chicago proposal, saying short-term rentals boost neighborhood spending and aid homeowners, including helping some avoid foreclosure and eviction.
City officials estimate Chicago has roughly 6,000 units rented through sites such as Airbnb and HomeAway, with hosts renting out a room in their homes or full units.