Proposed bills would put limits on short-term rentals in Pittsburgh [CBS News]
Airbnb, Inc. - Class A (ABNB)
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Source: CBS News
The idea is to prevent neighborhoods in the city from being overrun by short-term rentals and to make sure they are operating safely, not being a nuisance to city residents. "You see these big parties, you see a lot of people, that's where the violence starts. There is no oversight or people looking into these Airbnbs and making sure 40 people aren't having a party in them," said Armin Samii, a short-term-rental owner who lives in Friendship. While a registry is still stuck in the courts, Councilperson Deb Gross introduced the same bills she did last year on Tuesday. They expired as the council worked on the budget at the end of last year. She said there are 3,000 short-term rentals in the city and estimates that about 1,000 are run by people who operate just one. "It's the wild west, and we are seeing problems," Councilperson Deb Gross said. The proposed bills would require a license to run a short-term rental, put limits on what they can be used for and limit how many peopl
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ABNB
Earnings
- 11/6/25 - Miss
ABNB
Sec Filings
- 1/16/26 - Form 144
- 1/16/26 - Form 144
- 1/14/26 - Form 4
- ABNB's page on the SEC website