Airbnb co-founder and CEO Brian Chesky speaks in San Francisco in 2016. (Jeff Chiu/ AP Photo) When I moved into my neighborhood in Northwest Pasadena in the early 1980s, it was riddled with unkempt rentals. Over decades, my neighbors and I have slowly clawed back the community using neighborhood organizations, Neighborhood Watch and historic designations to restore the community to homeowners with vested interest and community pride. The increase in property values first created incentive for the slumlords to sell, and thereafter placed market barriers in the way of using those homes as rentals in the future. We were safe from the predations that had nearly destroyed our communities, or so we thought.
A new enemy has emerged to threaten our property values and degrade our communities. On a recent Tuesday at a Planning Commission meeting, I had a chance to meet this new enemy, and it is us.
Airbnb, the online application for home-based rentals, characterizes itself as a model corporate citizen, willing to work hand-in-hand with the city of Pasadena and cities around the world to craft and adhere to reasonable regulations to apply to their fledgling industry.
The facts do not support this assertion. The company has, instead, empowered […]