Weighing Airbnb

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The Los Angeles City Council’s land use committee is expected to look at whether to regulate short-term rentals such as Airbnb during a meeting Tuesday, Curbed Los Angeles reports. Critics argue that short-term rentals are taking 11 units off the rental market each day, making the remaining rental units even more expensive, particularly in places such as Venice. City officials could draft an ordinance that makes short-term rentals legal as long as the dwelling serves as the landlord’s primary residence.

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