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mizblueprint

@Angle
@Daojoan
One of the first studies on this that I read was the LAANE report on impacts of short term rentals in LA. Here's a link to the pdf. laane.org/research/short-term-
Cities that have now eliminated or curtailed short term rentals include New York, SF, LA, Dallas, Honolulu, Chattanooga, Las Vegas, Napa, Barcelona, Paris, Berlin, Amsterdam...many others in the works. Building housing is expensive. Preserving existing housing is essential.

2 comments
Angle

@mizblueprint @Daojoan Oh huh, neat! Has there been a study on the effects? Of the cities that have done this, how effectively have they actually managed to prevent the practice, and how much has it reduced housing prices?

mizblueprint

@Angle @Daojoan
It has not reduced housing costs in Napa City or County. But in a destination county with a total population of about 130k people, strict urban limit lines, and protected agricultural zoning, preserving existing housing for residents is essential. I've read that NY is seeing a drop in rental costs. Barcelona was being slammed with visitors, and suffered a big loss of rental housing. Their ban is going into effect by 2028. cities-today.com/barcelona-set

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