Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Landlords Kicking Out Tenants To Cash In On Airbnb
Posted
January 3, 2016
Views
168,335
Likes
2,362
Comments
714
Engagement
1.83%
January 3, 2016
168,335
2,362
714
1.83%
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7:33Now PlayingMore and more people are getting kicked out of their Los Angeles homes with landlords citing the Ellis Act. They do this to get around rent control laws so they can list the properties on Airbnb and make more money. Allegedly. Cenk Uygur, Ana Kasparian (The Point), and John Iadarola (Think Tank), hosts of the The Young Turks, break it down. Tell us what you think in the comment section below.
"San Francisco city attorney Dennis Herrera has sued several landlords he alleges evicted their tenants in order to list the apartments for elevated rates on short-term rental sites like Airbnb.
In a statement released Wednesday, Herrera announced these are only the first of many investigations his office is conducting in effort to crack down on housing violations aggravating the city’s escalating unaffordability.
“In the midst of a housing crisis of historic proportions, illegal short-term rental conversions of our scarce residential housing stock risks becoming a major contributing factor,” he said. “We intend to crack down hard on unlawful conduct that’s exacerbating -- and in many cases profiting from -- San Francisco’s alarming lack of affordable housing.””*
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