A 1.4-acre plot of land east of downtown Takoma Park has long been eyed for development. While a neighborhood food co-op has sat on part of it for 20 years, a new plan to redevelop the space envisions restaurants, cafes, a parking garage and office space.
Airbnb was founded in 2008 to allow people to rent out empty bedrooms or let tourists stay in their homes while they are out of town. And while many hosts still live up to the “sharing economy” ethos that the company originated from, others are taking advantage of the profit potential the platform provides by listing several properties, not just the one they live in. Renters pay hospitality taxes in D.C. and elsewhere, but they do not have to not have to abide by the same regulations that hotels are bound to. We look at the ever-evolving legal landscape around homesharing and what impact the young industry may have on the housing market.
- Brooks Rainwater Director of City Solutions and Applied Research, National League of Cities
- Steven Hill Senior fellow, New America Foundation Author: "Raw Deal: How the ‘Uber Economy’ and Runaway Capitalism are Screwing American Workers”
- Norrinda Hyatt Professor, Director, Housing and Consumer Law Clinic, David Clarke School of Law, University of the District of Columbia
- Nick Pappas Director, Public Affairs, Airbnb
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