The CDD is created by legislative action and has jurisdiction over a defined geographic area.

The Mercury News: Editorial: More rent control won’t solve California housing crisisThe California Legislative Analyst’s Office, which is a NONPARTISAN government agency, has said the following:Legislative Analyst’s Office: Prop 21 would cost ‘tens of millions per year’Even the governor of the state has publicly come out and encouraged voters to vote NO on this proposition:Gov.

Derek, California just passed legislation in 2021 to become more ADU friendly as a state.

Aloha,Gee, they are doing such a great job with all of the government run housing projects already, I'm sure they can legislate their perfect system so we all will be able offer the same attractive, well maintained, safe, comfortable, and family friendly environment they have been providing to the needy for decades.

Have a backup plan if the short term game changes (legislation, less renters, etc).

Additionally, my town has had talks of negative legislation around this which could hurt the business.It’s probably a great way to make money, but it’s not as passive, unless of course you hire a management company, but they’ll take their cut.

The new legislation requires residential unit that is rented less than 6 months at at time must register with each city/county in the applicable jurisdiction, and apply for a licenses to do Short term rentals.  

It's definitely not passive income.Also get smart on local legislation & state transient rental codes to mitigate risk before you buy or start construction.

"There will be no shutdown," Murphy said at a news conference in Trenton, alongside legislative leaders with whom he had negotiated for about four hours, after a series of unsuccessful meetings during the week.

First let me say that the current landlord tenant legislation coming out of WA & Seattle is poorly planned out and short-sighted.