It is not a restriction on property rights you can still do STVRs. It is not a tax increase it’s a use tax. Don’t want to pay it give a 6 month lease, go month to month. It will have an impact on tourism just not a significant impact. People did not say the would not attend comic con because the hotel prices were 15 dollars cheaper. How can it hurt the real estate market and construction market? The real estate market is in high demand and continues. If the homes do hit all at once, it really is built up inventory and the market is correcting. Construction is booming. Just not in SFH.

Again what incentive does council have to vote it down because one extremely minority segment of the city has to change the length of its contract? I just don’t see what arguments other than people wont have Airbnb in the city or side money for an investor.