The allies that KNF has gained in our fight to regulate short-term rentals have been remarkable and are doing such amazing work throughout Los Angeles.
The Coalition for Economic Survival, led by well-known activist Larry Gross is a great example. Larry is working successfully on a number of issues - his perspective as it relates to short-term rentals is worth sharing.
Below are highlights from a recent newsletter with a lot of great information. We hope you will appreciate it as much as we do!
Will L.A. Implement New Restrictions on AirBnB?
Friday, June 24, 2016
Click to Listen to Radio Debate
The Ellis Act was intended to help small mom and pop landlords, who were tired of the pressures of owning apartment buildings, sell their properties without fear of lawsuits from tenants and earn a little profit.
However, critics of the law say in recent years developers have turned it into a real estate Frankenstein's monster. "The law has been totally corrupted," says LA housing advocate Larry Gross of the Coalition For Economic Survival, "It's being used by big developers who are purchasing for the sole purpose of evicting the tenants and converting those buildings to high price housing."
"We tell tenants who are living in rent controlled units that they literally have a bullseye on their back, says Larry Gross of the Coalition for Economic Survival. "Every tenant who lives in this city who lives in rent control housing is at risk."
CES Speaks in Favor of Prohibiting AirBnB in LA's Rent Controlled Units at LA Planning Commission Hearing
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