Santa Monica, 2015:
https://www.forbes.c...a/#3d1b2562169a
Santa Monica, 2017:
https://nextcity.org...arking-minimums
Funny eh, the toughest Air BnB regulations in the entire country did not solve the "housing crisis" there.
I guess this will curtail certain travel plans for many folks, myself included as we rarely stay in hotels unless its only for 1-2 nights, We have stayed in STVR's in Santa FE, Sonoma, Whistler, Barcelona, Venice, Milan, Croatia, UK. Vacationing with 2 families totaling 8 it was so much easier to rent a house and spend our money locally and experience those cultures as opposed to renting 4 rooms in a hotel for a week at a time. We bought our groceries locally, we ate at local restaurants (no franchise restaurants on holiday, thats our rule)
There will be ripple effects on the tourism industry as there will be a reduction in people visiting here if they cant find accommodation to suit their needs.