Private Property Rights. Sharing Economy. Local Ordinance Hoopla.

Home sharing. Homeaway. AirBnB helps the local economy. According to an economic study by AirBnB, direct guest spending from guests accounts for $124 million  in the last year.

Austin ordinance was approved by committee in September 2015. The proposal requires full city council vetting.

Austin Business Journal | Airbnb fights back over Austin’s short-term rental rules

AirBnB Austin Economic Report