Airbnb settles the bed with Boston on short-term rental terms

Airbnb has agreed to settle its dispute with Boston over a new short-term rental law, an agreement that will pave the way for new strict limits to preserve the city's housing stock at this time of soaring prices. real estate costs.

As part of this agreement, Airbnb waives its guests' registration with the city of Boston and post a registration number on their lists. Airbnb will also share host information with the city, which will allow regulators to determine if registration is permitted under the new rules.

The Boston Act prohibits investors and absent property owners, as well as tenants, from renting short-term units. Generally, only owners of single units or owners with a secondary unit in their own building can rent a short-term lease under the new law.