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Week of March 15th-Airbnb and other short-term rentals worsen housing shortage, critics say

March 15, 2015

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

As short-term rental websites such as Airbnb explode in popularity in Southern California, a growing number of homeowners and landlords are caving to the economics. A study released Wednesday from Los Angeles Alliance for a New Economy, a labor-backed advocacy group, estimates that more than 7,000 houses and apartments have been taken off the rental market in metro Los Angeles for use as short-term rentals. Read the story

 



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