They say they worry about impact on housing costs, availability
By Ben Lane | HousingWire
Three Democratic Senators are concerned about the impact of short-term home rental companies like AirBnb, HomeAway, VRBO, and Flipkey on communities’ housing markets and want the Federal Trade Commission to investigate.
In a letter sent Wednesday to FTC Chairwoman Edith Ramirez, Sens. Brian Schatz, D-Hawaii; Elizabeth Warren, D-Mass; and Diane Feinstein, D-Calif; state that they are especially concerned that short-term rentals are not only making housing more expensive in certain communities, but also making it harder to buy a house in the first place.