Post by High Priestess on Nov 10, 2018 3:49:31 GMT
Los Angeles originally was planning to allow those living in rent controlled apartments to do AIrbnb renting. This didn't make much sense to me, because it would likely lead to tenants being able to profiteer from the subsidy they are receiving, ostensibly because they would have trouble otherwise affording to live there (so goes the theory on rent control). But now LA is backing down from this plan:
www.latimes.com/local/lanow/la-me-ln-airbnb-rules-20181106-story.html
Tenant groups argued that the greater risk was to poor tenants in rent-stabilized units facing pressure from landlords seeking to eject them.
“Many landlords pressure or evict long-term tenants in favor of renting out to more lucrative short-term renters. This is why we need these protections,” said Ingrid Arriaga, a supervising attorney at Inner City Law Center.
Councilman Jose Huizar, who heads the committee, said Tuesday that rent-stabilized units provide “a much-needed source of affordable housing for our most vulnerable residents.”
“We do not want to disturb that,” Huizar said before proposing that the city prohibit night-to-night rentals in rent-stabilized units.
www.latimes.com/local/lanow/la-me-ln-airbnb-rules-20181106-story.html
Rent stabilized apartments should not be a cash cow, Bonin argued.
Tenant groups argued that the greater risk was to poor tenants in rent-stabilized units facing pressure from landlords seeking to eject them.
“Many landlords pressure or evict long-term tenants in favor of renting out to more lucrative short-term renters. This is why we need these protections,” said Ingrid Arriaga, a supervising attorney at Inner City Law Center.
Councilman Jose Huizar, who heads the committee, said Tuesday that rent-stabilized units provide “a much-needed source of affordable housing for our most vulnerable residents.”
“We do not want to disturb that,” Huizar said before proposing that the city prohibit night-to-night rentals in rent-stabilized units.