Very interesting analysis in today’s Chron of Airbnb’s impact on San Francisco.
Upside of 5,000 people are renting out spaces varying from rooms to whole houses.
Which is great for the hosts. But, “In a city that has chronic housing shortages, the number of Airbnb homes that appear to not be available on the rental market is significant,” said Laura Teller, an executive with Connotate, an analysis firm.
San Francisco is a world-class city. How could one not love its beauty? I was there on Saturday, walking the sea cliffs from Sutro Heights Park along the breathtaking approach to the Golden Gate Bridge and into the Presidio. It would be absurd to compare it to a mid-sized Valley city such as Stockton.
Still, Stockton’s waterfront will pull in tourists if its redevelopment is done right. The city could be a boating destination as well as a stepping stone between San Francisco and the Mother Lode. That would create at least a modest opportunity for Stockton homeowners to join Airbnb and rent out rooms — a chance to meet people from all over and to make extra cash. Another reason to revive the waterfront.