Propositionf News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Air airbnb. what happens in san francisco doesn't matter to the bottom line of airbnb. san francisco is a relatively small market. there are about 5,000 rentals in that city compared to 20,000 here in new york city or 60,000 in paris. but, as a potential legislative president, this sort of does pose an existential threat to airbnb's whole business model to one of the fastest growing companies in the country with a $25 billion valuation. airbnb has spent about $8 million on advertising and lobbying against proposition f. an interesting one to watch that raises lots of questions about how regula...

At hot issues out west, proposition f is a measure on the san francisco ballot that would limit short-term rentals to 75 days and require companies like air b and b to remove listings that violate the limit. joining me now, msnbc business correspondent olivia sterns. what's at stake today in san francisco? >> this is a really interesting one. you can sort of think of it as the first public referendum on the sharing economy on a big tax start-up. today residents in san francisco are being asked to vote on proposition f. it is a proposal to put curbs on air b and b in the city to limit the numbe...