Austin Puts Hold On Short Term Rentals

In a move opposed by Airbnb and HomeAway, the Austin City council has put a moratorium on licenses for non-owner-occupied, short term rental properties. Those permits are required for property owners who do not live in a house to rent out houses in residential areas. The move, although unrelated, comes as the account of a death at an Austin Airbnb property went viral this week. Image: A house near downtown Austin being rented out on HomeAway.