Oh, how the tables can turn. After suing San Francisco, New York City and Anaheim, Airbnb has found itself on the other side of a lawsuit. Apartment..
Oh, how the tables can turn. After suing San Francisco , New York City and Anaheim , Airbnb has found itself on the other side of a lawsuit. Apartment Investment & Management Company (Aimco), which owns or manages about 50,000 properties, is suing Airbnb, saying that the company is deliberately incentivizing people to breach their leases , The Wall Street Journal reported.
Aimco, which filed the lawsuit in California and Florida state courts, is seeking monetary damages as well as court orders to stop Airbnb from enabling people to breach their leases. Aimco’s beef with Airbnb is that its platform brings people with “unvetted personal histories” (sound familiar?) with “no vested interest in maintaining a peaceful community atmosphere” inside their buildings.
