Or retracement, we got that with the latest rate of 24. 5. A little bit higher than what we got in october and september. But again, that was a oneoff. In terms of leading indicators, this is better than expected. Zero. 6 gain in leading indicators for the same time, we need to caution that the previous months dane of 9 10 of 1 has been revised lower to 6 10 of 1 . Forad gains of 6 10 of 1 leading Economic Indicators. In a little bit weaker than anticipated. In terms of market impact, we lowers. Stock coming off than expected. 30 minutes of trade. Do not look for that to hold, necessarily. The 10 year yield of 2. 1 percent. Lesbian bloombergs own economist for some analysis of the numbers. Carl, what do you think . We expected a pullback in the november print was off the radar so we knew it had to retrace. What is important here why . Because it is not consistent with what we are seeing, improve, but still a slow moving economy. What is important as we look at the retracement. Most of
That they want and attach innovations to the network in a way that they want in order to bring the internet more fully into their lives, and i think its a really important principle. I thought so when i first gave that speech, and i think so just as strongly today. Host how has the argument and the positioning evolved in the last 15 years . Guest you could write a book about it. I mean, i think its sort of the law of unintended consequences. I think it started off as an engineering principle. I think then it became articulated as a principle of guidance and Public Policy and i think it worked really well for the country for many years, and with each successive commission, there seemed to be an upping of the ante, and during the martin chairmanship it became a declaratory ruling and applied probably in a reckless way that led to be overturned in court, became part of the 2008 obama campaign, became a rule that had to be promulgated as a political imperative. And i think thats where thin
Of 5 hundred supervisor campos said a thousand for nonregistered hosted this is incentives for the platforms to work with the style system and putting all that money into supporting that and all shortterm rentals platforms should share their address and data and computer programs to figure out how to figure out how many people have. Maam your time is up. And richard had a question and it is really up thank you. Truly up. Good afternoon, commissioners im with the hate ashbury Council Airbnb a Big Corporation billion dollars in capitalization right in value it is hiding behind those mom and pops where are they their sending in small people for reasons to have more money acting like theyre not a Big Corporation it is trying to influence San Francisco against its best interests shortterm rentals are a business and having a 60 day limit is feasible people who want to rent out their home are apartment or a room or bed it is a business because theyre getting money for a service and if they wa
You know we have only done thirty days it is easier for us it appeals to the hoa but just last month a woman came from london to be yoga certified and spend a bunch of money for the 5 weeks she choose San Francisco and another man an intern an Outstanding Young man those folks wouldnt stay in a hotel it is too expensive see the vital that people come to San Francisco they otherwise wont be able to it is beyond around beyond a Housing Stock it is really about the economic vital that those tourists and people from around the country and world deliver to San Francisco so, please consider that at all thank you. Thank you. Next speaker. Good afternoon. Im march im a tenant right attorney here in San Francisco and just to follow the last speakers point the goal of vital shouldnt dictate who follows the law there recent laws when you want to have a rental in a zone people need places to live it is hard when you offer a unit that is not available for someone here since rent control was infecte
Capitalization right in value it is hiding behind those mom and pops where are they their sending in small people for reasons to have more money acting like theyre not a Big Corporation it is trying to influence San Francisco against its best interests shortterm rentals are a business and having a 60 day limit is feasible people who want to rent out their home are apartment or a room or bed it is a business because theyre getting money for a service and if they want to do more than 60 days get a airbnb obedience or license it is feasible growth is the key of any legislation a registration naub number needs to be required for all mrofrmdz all platforms needs to provide data to San Francisco on a timely basis like quarterly a number of nights rates charged if they dont collect the money provide the names especially, if they dont say a rental number so the city can check a cut off if a party had their unit rented already 90 days and penalty for the platforms hey, lets get real what does a