On Tuesday, LA’s City Council approved regulations for short-term rentals such as Airbnb, restricting people to renting only their “primary residence.”
This comes more than three years after the regulations were proposed and after much heated debate, with neighborhood groups and the hotel industry battling companies like HomeAway and Airbnb, as well as the people who use these platforms to rent out property.
So what exactly are these rules that will take effect in July? If you’re a host on a platform such as Airbnb, what will these restrictions mean for you? If you were a proponent of regulating short-term rentals, what do you think of the new rules?
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