San Francisco Mayor Ed Lee has vetoed the short-term rental law approved by the Board of Supervisors in November. The legislation would have limited the number of days any room, apartment or house that hadn’t already been registered with the City could have been rented on a short-term basis (a.k.a. Airbnb’ed) to no more than 60 days per year, regardless of whether a rental was “hosted” (i.e., the host is present at the time of the rental) or not.

As we noted last month, “having been passed by a 6-2 vote with two Supervisors absent (Wiener and Yee) and Supervisor Farrell recused for a conflict of interest, the possibility of a successful Mayoral veto looms.”

According to the Mayor, the legislation would have made registration and enforcement of San Francisco’s existing short-term rental regulations “more difficult and less effective, and risks driving even more people to illegally rent units.”

At the same time, the vast majority of units offered for rent on Airbnb remain unregistered and illegal themselves.