Short-Terms Rentals Such as Airbnb Should Be Allowed in Rent Stabilized Housing, L.A. Commission Says

Los Angeles moved one step closer Thursday to imposing new rules on renting out rooms or entire homes for short stays, a phenomenon that has boomed with the rise of Airbnb and other online platforms.

The Planning Commission, whose members are appointed by Mayor Eric Garcetti, voted to back a proposed law that would limit Angelenos to renting out their own primary residence to short-term guests — a rule meant to stop corporate entities from buying up housing and running it like a hotel.

But the commission balked at another proposed restriction that had gotten traction at City Hall: Banning such rentals in any housing that falls under rent stabilization rules, which cap annual increases for tenants.

“Why are we excluding people who are in rent stabilized housing as a class?” asked commissioner David Ambroz. “It’s almost as if we pick people of lower economic means and say, ‘You do not get to participate in the future economy.’”

Read the full story on LATimes.com.