But, then again legislators are attorneys, not business people. 

For this fine piece of legislation, designed to stop money laundering thank Senators Warren and Sanders.   

This may be how the new legislation was spun up in the media, but the reality will be different.

Some bipartisan congressional legislation, like the HOUSES Act, supports this effort by making portions of federal land available for residential development.While this approach has promise, experts warn that opening federal lands is only part of the solution.

I also monitor new legislation.

STRs in their current form are simply big hotels, and legislation has been slow to catch up because in their original form they were more conducive to residence (someone crashing on your couch for $39/night).  

We are currently working hard with legislators to provide protections for parks both locally and in NYS.

However, if new tax legislation is passed, it could extend or change these rules, so keep an eye on any updates. 

Local Legislation: Do you keep a close eye on local regulations, especially around zoning and short-term rentals?

The new legislation makes it illegal for cities to make 400 sqft granny flats illegal.