![]() In one case, Los Angeles prosecutors allege the landlord of a rent-controlled building in the Fairfax District evicted her tenants in order to list the units on Craigslist. Critics say short-term rentals offer landlords the chance to make more money more quickly. Its vacancy rate is just 2.7 percent according to a city planning report -the lowest among major metro areas in the nation. Los Angeles desperately needs more housing. But critics say the short-term rental business is siphoning necessary rental units off the market. It becomes part of their lifestyle," says host Julio, of North Hollywood.Īnyone unaware of the controversy swirling around Airbnb might be left thinking of it as a business that's only doing a lot of civic good. "People who home-share, when they get into it, they really get into it. I'm bringing dollars to South Central LA, to my neighborhood," says host Vanessa in one of the ads. Without that income now I wouldn't be able to stay in my home that I've been in since I was 12-years-old. Without that income I wouldn't have survived. "Living on a fixed income would be very difficult. In a new ad campaign set to air today on radio and TV, LA-area hosts of various ages and races talk about "sharing" their homes with strangers to help pay their rent or mortgage: ![]() Airbnb is turning on the charm in Los Angeles, where it might soon face tough regulations.
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