UPDATE: The San Diego City Council has approved a short-term rental ordinance, capping the number of rentals in the city's housing stock.With today’s vote approving San Diego’s first-ever short-term rental rules, we’ve turned the corner on one of San Diego’s thorniest challenges. San Diegans have been asking for common sense and sanity on short-term vacation rentals for years – and now their voices are finally being heard.
Councilmember Campbell, who authored the law, hopes her colleagues are on her side,"This will allow thousands of homes to come back onto the housing market and bring stability and normalcy to our neighborhoods." Some key points in the updated law are a cap on whole-home short-term rentals at 1% of the city's housing stock, meaning roughly 50% of whole home rentals would be gone.
That's the other part of this law, prioritizing those who have abided by City laws. They would still have to meet specific criteria, fill out applications, permits, sales taxes, and more.
And never goes well for politicians when the government gets to decide who the winners and losers are…
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