Airbnb is banned from more and more Chicago condo buildings (IL)
As City Hall gets ready to enforce its new home-sharing regulations, the supply of Airbnb’s most important raw material—homes—is shrinking, and fast. So far, 901 residential buildings with 88,993 units have placed themselves on a list of properties off-limits to Airbnb and other home-sharing websites, according to the Chicago Department of Business Affairs & Consumer Protection. Many of them are in neighborhoods that are popular on Airbnb, the leader of a nascent industry that’s disrupting the hotel market, rankling condominium boards and attracting the scrutiny of government officials across the country. Read the article……………….
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