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Political Heat May Bring a Reckoning for Airbnb

Airbnb, the home sharing juggernaut, is running into regulatory trouble in some key markets and may soon face a day of reckoning on a crucial issue: whether to go along with efforts to make information about its customers public in order to help local authorities enforce rental laws.

The company, which recently raised a reported $450 million in new funds and is valued at $10 billion, has found itself in the middle of a particularly heated political battle in its home city of San Francisco, where soaring home prices have fed a backlash against the tech industry as a whole. The latest salvo came this week in the form of a proposed ballot measure that would all but ban the popular service in most of the city.