Atlanta City Council rejects proposal banning new Airbnbs, other short-term rentals in Buckhead [CBS News]
Airbnb, Inc. - Class A (ABNB)
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Source: CBS News
On Monday, the city council voted 7-6 against the proposal, which would have impacted District 7. The area includes parts of Buckhead, Brookhaven, and Lindbergh/Morgoso. Two city councilmen did not vote. The legislation, proposed by District 7 Councilman Howard Shook, would have limited short-term rentals. "The proliferation of the use of property for short-term rentals in and near residential zoning districts has impacted the quality of life for residents and threatens to disrupt the distinctive character of neighborhoods within Northeast Atlanta," the legislation read. Critics have argued that short-term rentals take residential units off the market, leaving them for tourists rather than locals. Atlanta officials have also complained about house parties at the rentals that have frustrated neighbors. At Monday's meeting, multiple short-term rental hosts took part in the public comment section to ask the council not to support the proposal. "I believe we have to work togeth
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ABNB
Earnings
- 11/6/25 - Miss
ABNB
Sec Filings
- 12/5/25 - Form 4
- 12/5/25 - Form 144
- 12/5/25 - Form 144
- ABNB's page on the SEC website