Quarterly Airbnb rental figures in LA 2016-2019
Airbnb has seen some controversy in Los Angeles due to complaints that the influx of short-term rentals was turning apartment buildings into hotels and was using up the city’s limited housing. This caused new restrictions to be put in place on Airbnb and similar services in summer 2019. As a result, short-term rentals can only come from someone's primary residence. In LA, a primary residence is a place someone lives in at least six months out of the year. Additionally, bookings for visitors are limited to 120 days a year, however there are exceptions to this. As of the third quarter of 2019, there were 24,914 active Airbnb rentals in LA. Whether this number will reduce after the restrictions are enforced remains to be seen.
