San Francisco Passes Cap On SRO Rentals
San Francisco lawmakers unanimously approved earlier this week a law to make it illegal for single-room occupancy owners to rent to anyone for less than 32 days. The new law would ban short-term rentals of SRO units to tourists. SRO owners receive tax breaks for providing cheap housing to residents who would otherwise be homeless, Curbed reports.
Supervisor Aaron Peskin, who authored the bill, said the over 40-year-old law allowing SRO-to-hotel conversions hasn’t been updated since 1990. The planning department estimates about a third of the city’s SRO has disappeared since the 1970s. [Curbed]