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Short-term vacation rental
issue likely to heat up soon
City Council action
likely in September
We welcome an ever-growing number of concerned San Diegans to Save San Diego Neighborhoods' July e-newsletter. As the summer heats up, so will the debate about short-term vacation rentals in San Diego. Thank you for your participation in the recent vacation rental survey. The survey is now closed and results will be published shortly. Meanwhile, here is a snapshot of key information about vacation rentals:
A busy summer ahead
City Council is expected to consider options for a short-term vacation rental ordinance likely in September. Currently, Development Services and individual City Council members are crafting proposed ordinances. Look for more news on this front later this month.
Why isn't the law being enforced?
On March 15, City Attorney Mara Elliott issued a memo saying short-term vacation rentals are illegal in San Diego's residential zones. So why isn't the law being enforced? Mayor Kevin Faulconer has decided not to enforce the law, saying he wants to wait on pending action by the City Council.
What are other cities doing?
Cities from Santa Barbara to Vancouver are enacting ordinances that restrict - and in some cases, prohibit - short-term vacation rentals. San Diego is clearly not at the forefront of acting on this issue. But, that may change soon.
What can I do to help?
Is Airbnb really pumping millions into our economy?
Here's an excerpt from an editorial from "The Hill" about the "sharing economy:
Home-sharing giant Airbnb — with its $31 billion valuation — claims it has brought $1.2 billion into the Los Angeles area economy and $420 million to greater San Diego. But the reality is that short-term rentals suppress hotel occupancy, restaurant receipts and in turn sales taxes. The Airbnb statistics do not take into account the thousands of businesses and jobs that suffer because those dollars are going to an underground economy rather than to the regular, labor-intensive tourism industry.
Vancouver finds STR's greatly impact affordable housing
Here are excerpts from Vancouver's city staff report on STRs:
Vancouver is in the midst of a housing crisis that is threatening the diversity of our communities, the strength of our economy, and the vibrancy of our City.
Many renters in Vancouver live with little security of tenure and limited protection from increases to rents. Close to 50,000 households are currently spending more than 30% of their income on rent. Rental housing is an important part of the City’s housing stock; as 51% of households in Vancouver are renters.
With a current STR market of 5,927 units, and an annual pace of growth of more than 10%, the long-term rental market may be at risk if the STR market is left unregulated.
By the way, the statistics are even worse in San Diego. You can read the full report from Vancouver by clicking here. (This is a large file.)
Save San Diego Neighborhoods is 401-C non-profit that relies on your support. Please donate. Even $5 will help. Thank you. Contact us at email@example.com.