

The founders had their first customers in the summer of 2008, during the Industrial Design Conference held by Industrial Designers Society of America, where travelers had a hard time finding lodging in the city. The site officially launched on August 11, 2008.

They put together a website that offered short-term living quarters and breakfast for those who were unable to book a hotel in the saturated market. In February 2008, Nathan Blecharczyk, Chesky's former roommate, joined as the Chief Technology Officer and the third co-founder of the new venture, which they named AirBed & Breakfast. I just wanted to support my sister.For a chronological guide, see Timeline of Airbnb.Īfter moving to San Francisco in October 2007, roommates and former schoolmates Brian Chesky and Joe Gebbia came up with the idea of putting an air mattress in their living room and turning it into a bed and breakfast. Maggie Stanley said she was not sure if they would. The Stanleys had not relisted their unit on Airbnb as of midday Monday.

cities with the most expensive rents with a median, one-bedroom apartment going for $1,777 per month. Last year, Portland ranked among the top 20 U.S. Recent studies identified the Portland-South Portland area as the epicenter of Maine’s current housing crunch, stating it was at least 8,000 units short. Snyder, who is not related to Portland Mayor Kate Snyder, said short-term rentals hurt Portland’s residential neighborhoods by removing long-term rental units from the market, which in turn creates scarcity, driving up prices. “Maggie Stanley knows the housing issues,” said Snyder, a Portland resident. Some local short-term housing foes like Karen Synder think city officials shouldn’t rent out Airbnbs during a historic housing crunch.

A tenant may sublet their unit as a short-term rental as long as they have landlord approval. Emma Stanley applied for a tenant-occupied permit, which doesn’t have a cap on the number of units that can be licensed in the city. There are four different kinds of permits: island permits, tenant-occupied permits, owner-occupied permits and non-owner-occupied permits, each with different rules. Portland’s short-term housing rules are complicated.
