On Tuesday, March 21, 2017, Keep Neighborhoods First gathered with our allies—affordable housing advocates, hotel employees and community leaders—at Los Angeles City Hall. We were there to send a clear message—adopt smart regulations that truly protect affordable housing and neighborhood integrity.
We are worried about the 180-day cap on total number of days hosts can rent short-term that is in the current draft of the ordinance being reviewed by the City Council. We are calling for a 60 day cap—which will allow true home-sharing but also protect housing.
“Regulations must include a cap on the total number of days hosts are permitted to rent short-term. This cap must be low enough as to not economically incentivize landlords to rent short-term instead of long-term,” explained Becky Dennison, Executive Director of Venice Community Housing Corporation. “The current draft has a cap that is much too high. We believe the right number is 60 days per year—and other cities agree.”
Dennison mentioned caps of 60 days in Santa Monica and Amsterdam; as well as 90-day caps recently implemented in San Francisco, New Orleans and London. Palm Springs enacted a cap of 32 days. The draft ordinance currently being considered in Los Angeles includes a cap of 180 days, or six months out of the year.
We also expressed strong support for banning any type of short-term rentals in rent-stabilized (RSO) units, arguing that allowing RSO units to be rented short-term will result in significantly more risk for some of our most vulnerable renters than any possible benefit.
We are expecting a firm date for the next hearing, by the City Council’s Planning and Land Use Management Committee, in the next few weeks.