Jersey City residents opposing a proposal regulating Airbnb and short-term rentals rallied Saturday outside City Hall.

They say the new regulations would hurt people who use Airbnb to make extra money.

Mayor Steven Fulop is in favor of more regulations, saying the move will make the community safer and improve the quality of life.

"We're looking to work with the community for reasonable regulations. There's no reason why someone should be able to buy 20 houses on a block and create hotel and Airbnb is just like any big tech company trying to bully people into their position," says the mayor.

The referendum vote will be held in November.