Airbnb appears to have dodged a bullet in its hometown
Nov 4, 2015, 10:35 IST
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Proposition F, a local ballot measure that was seen as a threat to Airbnb in its hometown, has failed.
Preliminary results Tuesday night show voters rejecting Prop F by a wide margin - more than 60 percent against, and less than 40 percent in favor.
The measure would have curbed the number of days a host can rent on the platform, capping it at 75, as reported by Business Insider's Biz Carson.
The measure was largely seen as a threat to Airbnb's overall growth.
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