Protesters occupy Airbnb HQ on eve of San Francisco vote

November 3, 2015, 9:28 AM UTC
A sign showing opposition to Proposition F is hoisted over a shop in San Francisco, California, November 2, 2015. Proposition F, known to some as the Airbnb initiative, restricts short term rentals in the city, which some say have contributed to skyrocketing rental rates. AFP PHOTO / JOSH EDELSON (Photo credit should read Josh Edelson/AFP/Getty Images)
Photograph by Josh Edelson — AFP/Getty Images

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By Rishi Iyengar @Iyengarish

Dozens of protesters descended upon Airbnb’s headquarters in San Francisco Monday, one day before the city’s residents vote on whether to impose regulations on short-term rentals.

Affordable housing and homelessness activists occupied the company’s headquarters for more than an hour to decry the practice of home-sharing that forms the core of Airbnb’s business model, SF Weekly reports.

“There are over 3,000 homeless children in San Francisco,” said organizer Maria Zamudio. “Airbnb’s practice of turning homes into hotels is exacerbating those conditions.”

The proposal, known as Proposition F, is being put before citizens on Tuesday and would limit the number of annual short-term rentals in the city. Airbnb has spent over $8 million on a campaign to combat the legislation.

For more information about the vote on Prop F, read this by Fortune’s Kia Kokalitcheva. And for more information about Airbnb’s campaign against the proposal, watch this.