@Mark FrattiniThat’s why I left liberal Democrat run cities to invest in conservative landlord friendly cities.

I'm not going to bring up how the Democrats in NJ have controlled the state for the past how many years before Christie and didn't get anything done (so don't be naive thinking it's all on him). 

I look at this as a democratization of the short-term rental market, and think that neighbors who complain about them are often just bored...That's my two cents!

I'd really like to explore this as a way to democratize ownership of larger investment properties. 

Also there are the people who think Hillary Clinton rigged the primaries to beat Bernie Sanders thanks to the hack on the democratic national conventions emails being hacked. 

As functions in real estate become more automated, AND democratized, competition will continue to increase, arbitrage opportunities will shrink, and there will be less opportunities to generate "positive alpha", or above average returns.20 years from now, I can see the real estate market operating a lot more like the stock market does.Some examples of automation: Underwriting, Pricing, Lead Generation, Making Offers, just to name a few of hundreds, many of which I'm sure I am not even aware of.   

. :-) We chose to relocate in Costa Rica partly for its long, stable democratic history!

Here in CA, one of the most liberal states in the nation, Proposition 10 (allowing local cities to impose new rent control laws) was rejected soundly by voters at the ballot box, even though Democrats gained more dominance here than they've ever had before.

Oregon has had 30 years of Democratic governors and has a Democratic super majority in both houses.  

I'm told no Republicans support Rent Control and no down state Democrats support it.