It is more prevalent in low income areas, true, but it still happens with luxury homes.

We don't have that luxury in Chicago and we have to use hard pipe. 

It has different zones (like a lot of the beach cities) which have different restrictions, so you're looking at it property by property.From the city website:Short-term rentals of less than one month (or transient occupancy as defined in the Land Development Code) are not permitted in many districts.The City does allow transient occupancy of less than 30 days up to 3 times per 12 month period in the RM zoning district and properties located in the Pass-A-Grille Overlay District.Rentals of one month or more are allowed in all residences throughout the City.Permanent transient lodging uses require a business tax license and are reviewed by both Zoning & the Fire Marshall prior to issuance of a license.Rentals of one month or more in single-family properties do not require a business tax license.To find the zoning of a property, all you need is to find the property on the City’s Official Zoning Map, available via the link below, or at City Hall in the Community Development DepartmentView the St.

The question is should the hosts be paying a city lodging tax.

Seems you might be able to grab a bit more appreciation if you could move into the 3/2 style homes.My feel is the 2nd bath is critical for home owners but renters aren't accustomed to that luxury and therefore it's tough to get enough of a rent boost to justify the increased purchase expenditure... curious what your market says.

, new buildouts of restaurants and strip retail centers, and even a 240 unit Class A Luxury Apartment.

Also, I have the luxury of living in an apartment which my family owns w/ absolutely no living expenses.

I'm specifically wondering the following about "A Properties" ie those new/newer properties in good areas with good tenants, but not luxury properties.

I can't imagine any cram-down of rents for any ordinary rental, maybe in a luxury unit in unusual circumstances. :)

That being said, I almost was going to try to buy a luxury condo not subject to rent control in downtown SF in the financial district.