Is there any legislation coming down the pipe that may affect the real estate market?

Kim Legislation, Marijuana, Vaping, Bed Bugs, Air Quality Standards, etc.) and its available through SFAA instead of hiring a lawyer to do the same. 

They enacted legislation a few years ago that now requires taxpayers to report each year to the California Franchise Tax Board as to the status of the property.  

I don't see action on the legislative economic front.

The mayor recently called on citizens to contact their state legislators to expand rent control http://abc7.com/politics/la-mayor-calls-on-ca-to-modify-rent-control/2264498/More requirements for developers being proposed to have them set aside more affordable housing as well .Time will tell what happens with all these laws .It seems usually once one city adopts a new law others jump on the bandwagon .

Or, "military members are not a protected class in Virginia, but several states have already added them to the Fair Housing protected classes and Federal legislation is being considered".  

Their lawsuits is not for your well being or your kids, but for theirs.The world doesn't revolve around airBNB but you seem to have cities out there, getting into the business of drafting legislation and taking a rain check, to see if airBNB feels comfortable with it.

Legislation issues in Denver county but he's got a strong understanding.

There is some serious legislation pending around  it.

If your serious about short term rentals, make sure you do some research and make sure that there is not pending legislation coming that may limit them.