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Updated over 8 years ago on . Most recent reply
![Jon Magnusson's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/326619/1621444489-avatar-jonm13.jpg?twic=v1/output=image/cover=128x128&v=2)
Santa Monica vs AirBNB
Not sure how many of you rent via AirBNB or similar sites in Santa Monica, but check out how the city government is trying to stop short term rentals. Hopefully they don't set a precedent and kill the vacation / short term rental market! :(
http://www.citylab.com/housing/2015/05/santa-monica-just-outlawed-80-percent-of-its-airbnb-rentals/393401/
Most Popular Reply
![Al Williamson's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/89265/1621416517-avatar-alewilliamson.jpg?twic=v1/output=image/crop=393x393@26x0/cover=128x128&v=2)
Yep the pendulum is going to swing too far before the laws figure out what to do with the collaborative economy. It's just a process.
History repeats. It's Probation all over again.