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haele

(12,647 posts)
18. Even worse - some locations are restricting the short-term rental.
Tue Dec 20, 2022, 09:01 PM
Dec 2022

In the city of San Diego, come Jan 1, SROs and VBROs have to compete in a Lottery for a limited number of licences. And the city has already notified the various short term rental sites out there that without a licence, the listing will be considered fraudulent and subject to fines and/or legal action.
There's gonna be a whole lot of very surprised "investors" who have been buying up properties to rent for $300 to $1k a night or as underground mini-hotels.
I do feel sympathy the folks like one of the kidlet's friends who lives in her car or couch surfs while she rents out her home on the weekends to pay the mortgage her ex left her with. Or people who rent out their ADU or a spare room on occasion. But they're not the majority of Air BnB owners.

Haele

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