Airbnb faces setback as San Francisco may limit length of stays

San Francisco may become the second California city in a month to limit length of stays arranged by accommodation services like Airbnb, which matches people wishing to rent out all or part of their homes to temporary guests. A city committee late on Monday advanced a proposal that would limit hosts to renting accommodation to no more than 60 days a year, down from 90 currently. Airbnb has grown quickly and is valued at far more than $10 billion, with analysts assuming it can overcome any major regulatory backlash

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