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Portland Approves Airbnb Rentals For Single-Family Homes

  • July 31st 2014

by UrbanTurf Staff

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Portland Approves Airbnb Rentals For Single-Family Homes: Figure 1
Airbnb rental in Portland.

On Wednesday, Portland, Ore. became one of the first U.S. cities to legalize short-term rentals like those facilitated through Airbnb.

The Portland City Council voted 4-0 to legalize the rentals in single-family homes, but not in multi-family apartment and condo buildings. The owners of single-family homes will be able to rent out 1-2 bedrooms in the house on a temporary basis, once a safety inspection is conducted, The Portland Tribune reports.

Airbnb conducted a study on its economic impact on the Oregon city over the course of a year and determined that it produced $61 million in economic activity. The company has collected lodging taxes in Portland since the beginning of July.

“We still have more work to do,” Airbnb said on its public policy blog on Wednesday. “[The] legislation excludes many residents of multi-family buildings in Portland—a critical part of our community. The Mayor and Portland city leaders have formed a working group to study this issue and we hope this process leads to balanced legislation that makes it possible for every Portlander to share the home in which they live.”

See other articles related to: airbnb, airbnb portland, airbnb taxes

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/portland_approves_airbnb_rentals_for_single-family_homes/8807.

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