
DC Urban Turf has a great article on the arrival of the short term rental service AirBNB in DC and what legal obstacles homeowners face to use the service. In short, there are rules that apply, which are largely not being followed although even the regulators admit the rules aren’t keeping up with the times.
For those not familiar with AirBNB: it is essentially a service that permits people to list rooms, apartments or whole houses for nightly rental. You can essentially turn your house into a hotel.
GM was fascinated to see how many properties (at least 18) in Georgetown avail themselves of this service. The properties range from full houses to English basement apartments to rooms in a shared house. The prices range from $500 a night for a spacious house to $48 for a couch in what appears to be a basement apartment. Continue reading →
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