Airbnb restrictions shot down in San Francisco vote

San Francisco residents yesterday voted against tighter restrictions on short-term vacation rentals, in a major victory for Airbnb.

The measure was voted down 55 percent to 45 percent.

The ballot issue, dubbed Proposition F, would have limited short-term rentals to 75 days a year. The limit will stay at 90 days if the primary resident isn't present, or unlimited if the home is occupied by the host at the same time.

Read more from CNNMoney.