There has been a lot of discussion among municipalities about Airbnb and the impact of short-term rentals in the new tech-sharing economy. According to planner Jeffrey Goodman, cities may solve some of the problems with the help of more appropriate and better-enforced regulation.
Goodman’s article in Planning magazine describes his three-part process to reduce tensions between cities, residents, short-term renters, and owners renting their property. Goodman’s three-part process is:
• Hold Airbnb and similar rentals to the same safety, zoning, garbage, and other standards as other property owners.
• Tailor regulations to local needs – identify the goal of the regulation to customize the regulation itself (e.g., regulation to reduce noise and traffic will differ from regulation focused on housing affordability for long-term residents).
• Enforce regulations – coordinate with Airbnb to help owners comply with laws.
Of course, there are other considerations, such as ensuring that Airbnb property owners pay their fair share of taxes. Still, Goodman provides good advice to ensure Airbnb creates less resistance and more benefits in local communities.
Written by Dima Galkin, an Associate at RSG