Will San Diego's new law limiting STVR's impact the market?

[Mia Trasolini]

Hey ya'll! 

The San Diego city council recently voted to limit short term vacation rentals to primary residences only (http://www.sandiegouniontribune.com/business/touri...).  This market is extremely saturated with STVR investment properties and this vote will make many of them illegal. 

Do you think this will this impact the long term rental market or home prices? 

Would love to hear your thoughts!