Airbnb and other short-term rentals worsen housing shortage, critics say

The last time he advertised one of his apartments, longtime Los Feliz landlord Andre LaFlamme got a request he’d never seen before.

A man wanted to rent LaFlamme’s 245-square-foot bachelor unit with hardwood floors for $875 a month, then list it himself on Airbnb.

‘Thanks but no thanks,’ LaFlamme told the prospective tenant. ‘You’ve got to be kidding me.’

But he understood why: More money might be made renting to tourists a few days at a time than to a local for 12 months or more. Read full article. 

Be the first to comment

Please check your e-mail for a link to activate your account.

Donate

connect