Real Estate Tips: San Diego's Short Term Rental Update

As of this past Monday, July 16, 2018, the City of San Diego passed a law that changes how short term rentals are managed. This new law will not go into effect until July 2019, however, it is expected to hit over 80% of the estimated 11,000 short term rentals in San Diego. The changes also removed the exception for the Mission Beach area, in which over 44% of homes are estimated to be short term rentals, which is a long part of that areas culture and history. Is saying goodbye to Airbnb and VRBO's the right thing to do for the city? Watch my video below for an overview of the changes, and then you decide on if this is a good thing or a big mistake.