The AirBnB enterprise, privately owned and operated worldwide, has an estimated value of $30 billion according to Fortune magazine. They have raised an additional $1.0 billion in capital to promote expansion. Remember those numbers just in case you begin to feel sympathy for any “mom and pop” rental owners who claim they are struggling to make ends meet. This industry has the resources to support them in finance, advocacy, legal services, or in fact any aspect that enhances their reach. These corporate owners could not be any farther away from a residential concept of the use of a piece of land or a dwelling. They can and will fight you in your neighborhoods every year going forward as long as they can buy their ways into the pockets of a few key legislators.
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