Airbnb Chicago Regulations

A few years ago, Airbnb came into the market and became popular very quickly as an online source connecting anyone with a space to rent with those looking for a temporary place to sleep. But with the new “sharing economy” which has also given rise to the likes of Uber and Lyft – and in response to constituents – namely the hotel industry, local government is finding that more local oversight is becoming necessary. On June 22, 2016, the Chicago City Council passed a new ordinance that imposes tighter regulations on the house-sharing industry. Albeit, many are still arguing the regulations aren’t enough. In this podcast, attorney Kelly Anderson unpacks the details of these new regulations.