A Los Angeles City Council committee voted yesterday to move forward with a proposal to limit the number of days landlords in the city can put their units up on AirBnB to 120 days.
In addition, the draft rules will only let people rent out their primary residences. One of the criticisms against AirBnB is that the platform encourages landlords from taking rental units off the market and converting them into de facto
The full City Council would still need to approve the plan before it can go into effect.
Call us at 866.893.5722 to weigh in on the proposed rules.