Short-term rentals contribute to housing and homelessness

The homeless population of the city of LA grew by 16%, meaning more than 36,000 people are living on the streets or in their cars. That’s despite the fact that two years ago, residents voted overwhelmingly to tax themselves to help build more housing for the homeless. Some argue that short-term housing rentals like Airbnb play a part in LA's housing and homelessness crisis. Laguna Beach just passed a law regulating Airbnb and other short term rentals in residential areas.