The Real Deal New York

Washington D.C. is trying to pass legislation that would place restrictions on Airbnb rentals

October 19, 2018 11:06AM

Washington D.C. could crack down on Airbnb soon, Reuters reported. Its district council on Tuesday was expected to vote on legislation that would impose strict regulations on home rentals. The vote ended up being postponed, according to the Washington Post, but the legislation previously passed unanimously in a preliminary vote. The legislation’s detractors have expressed concerns over the millions of dollars the city could lose as a result. D.C. Chief Financial Officer Jeffrey S. DeWitt, for one, said the bill could “eliminate nearly all current short-term rentals.” But its sponsors said that issue could be addressed, adding that they were optimistic it would eventually be approved. [WaPo]