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> This most recent run on permits came after the city council passed a new rule in November capping the number of permits in each of the city’s official neighborhoods at 20% of homes. Nine neighborhoods have already reached the 20% cap (existing permitholders were grandfathered in).

So since the start of airbnb they have practically reduced the number of homes by 20%? And all to add the capacity of probably the equivalent of 5-10 large hotels?




End stage capitalism at work




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