Is there really 40k units for short term rent in SD? What’s the reference for that?
The MB change seems to be pretty drastic.
I’m sort of conflicted – I’m a generally a supporter of the free market, but out of town/foreign investors are really driving up prices globally which prevent residents from being able to buy homes. It’s not nearly as bad here in SD vs some places like Vancouver.
One of the complaints is that owners won’t be able to rent out – which is just false. They still do long term rentals.
Hopefully the city also allows for more hotels and public transit also.
