OKLAHOMA CITY (KFOR) — The Oklahoma City Council approved an agenda item Tuesday night that raises the price for Airbnb/VRBO-style home share licenses.
The price tag nearly quadrupled from $300 to a whopping $1,100. Short-term rental hosts are required to have proper licensing in order to operate.
Airbnb and VRBO properties have faced criticism over the years, as many homeowners have expressed that parties and extra vehicles can be disruptive. Also noting that it takes away buyable homes in neighborhoods.
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People in attendance at Tuesday’s meeting voiced their concerns about increased fees.
“I feel that the current fee is adequate, and such an increase could be up to $1100, and could possibly be annually or every two or three years, is financially harmful to Airbnb owners,” David Svedman said…