St. Louis aldermen are weighing a variety of concerns from area residents on both sides of the issue as they begin work on legislation to regulate home-sharing services like Airbnb and HomeAway.
St. Louis, the state’s largest market for Airbnb, finds itself grappling with the issue not long after the Kansas City Council approved its own plan for regulating short-term rentals.
The St. Louis lawmakers heard testimony from residents at a town hall earlier this month. Proponents say the services provide an affordable option for travelers, extra cash for hosts and, potentially, an image boost for the St. Louis areas. Opponents cite safety concerns and the potential that lax regulation on home-sharing services could put hotel companies at a competitive disadvantage.
Read more: St. Louis Post-Dispatch