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Crack Down on Corporate Apartment Rentals

Board president David Chiu has introduced legislation to crack down on illegal short-term corporate apartment rentals. The new rules would prevent corporations from signing long-term apartment leases only to rent the units out to visiting employees, reducing the rental stock otherwise used by long-term tenants. The regulations, which establishes a complaint and hearing process, requires record-keeping, and empowers nonprofits to assist tenants in taking civil action, could also be used in the future to regulate online rental sites like Airbnb. The Supes will vote on the legislation at their October 16 meeting. [SF Examiner/Photo: Shutterstock]