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September 26
1876 - California oil industry born as CSO No. 4 in Pico Canyon becomes state's first commercially productive oil well [story]
Pico No. 4


Given a historic shortage of affordable housing, the Los Angeles County Board of Supervisors asked county departments Tuesday to assess the impact that short-term rentals such as Airbnb and VRBO can have on affordable residential rental housing in the county’s unincorporated areas, home to 10 percent of county residents.

The use of companies such as Airbnb and VRBO, which connect owners to travelers for short-term rentals, removes otherwise affordable rental apartments from the market for long-term occupancy.

Recent studies by LA Alliance for a New Economy found that the use of short-term rentals can cause landlords to take rental units off the market, a move that dramatically impacts rents and rental vacancy rates.

A 2015 study found that 7,316 units were taken off the rental market by the use of Airbnb, the equivalent of seven years of affordable housing construction.

Short-term rentals can also cause other community problems including destabilizing neighborhoods and affecting the quality of life due to increased traffic, crowded parking, noise and safety concerns.

Additionally, short-term rentals are not subject to the Transient Occupancy Tax paid by hotels. An appropriate TOT on short-term rentals could result in several million dollars in revenue for the county each year.

“Right now, we need to do everything within our power to ensure that we expand, not decrease, available affordable housing,” said Supervisor Sheila Kuehl, author of the motion. “We do not want to ban short-term rentals, but we want to ensure that short-term rentals do not have a negative impact on our very important work to reduce homelessness and our efforts to reduce the number of low- and moderate-income people who are being priced out of our local rental market.”

“The short-term rental market operates mostly outside the county’s regulation,” said Supervisor Kathryn Barger, co-author of the motion. “We want to be sure we have the necessary tools to oversee the lawful operation of this type of lodging, and this motion is a first step to understanding the current state of that market.”

This motion comes on the heels of recent county efforts to expand affordable housing, including passage of four ordinances last week and an increased investment in affordable housing construction of more than $100 million this fiscal year.

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1 Comment

  1. TRAVIS LEVY says:

    LOW INCOME= BADNEWS.ID LOVE TO OWN A FERRARI BUT I CANT AFFORD IT. WITH YOUR THINKING THERE SHOULD BE A PLAN OUT THERE FOR PEOPLE WHO WANT BUT CANT AFFORD ONE.ITS EXPENSIVE TO LIVE IN SCV JUST HOW SOME OF US LIKE IT. WHY YOU ASK ? IT TENDS TO KEEP THE TRASH OUT OR DOWN TO A MINIMUM. BY CREATING PLANS LIKE THIS YOU HAVE JUST SLAPPED EVERY PERSON WHO WORKED HARD AND HAS MADE SACARFICES TO LIVE IN SUCH A NICE TOWN.IF PEOPLE CAN ONLY AFFORD VALLEY PRICES THEN THATS MAYBE WHERE THEY NEED TO MOVE.STOP MAKING EXCEPTIONS FOR PEOPLE SORRY BUT YOU CANT HAVE YOUR CAKE AND EAT IT TOO

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LOS ANGELES COUNTY HEADLINES
Wednesday, Sep 25, 2024
The Los Angeles County Assessor’s Office has been honored with the 2024 Distinguished Assessment Jurisdiction Award by the International Association of Assessment Officers, the preeminent global organization that is the standard bearer for assessment administration and property tax policy.
Wednesday, Sep 25, 2024
The Los Angeles County Department of Public Health cautions residents who are planning to visit the below Los Angeles County beaches to avoid swimming, surfing, and playing in ocean waters:
Wednesday, Sep 25, 2024
A hearing in Los Angeles Superior Court for Christopher Hubbart, known as the "Pillowcase Rapist,"  scheduled for Tuesday, Oct. 1 at the Hollywood Courthouse, will not be relocated to the Antelope Valley.
Wednesday, Sep 25, 2024
The Los Angeles County Department of Public Health is investigating a new case of locally acquired dengue in a resident of Panorama City.
Tuesday, Sep 24, 2024
The insurance coverage crisis that is sweeping across various sectors in California has found a new target: Foster Family Agencies. 

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Latest Additions to SCVNews.com
Prepare for a ghoulishly delightful time at the Newhall Family Theatre of the Performing Arts as the Raising the Curtain Foundation presents the Bob Baker Marionettes' "Hallowe’en Spooktacular", Saturday, Oct. 19 at 11 a.m. at 24607 Walnut St., Newhall, CA 91321.
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Santa Clarita Artists Association presents "Dark, Odd, & Mysterious", a bizarre and twisted art show bringing strange and curious local art to Old Town Newhall with a reception Saturday, Oct. 5, 5-8 p.m. at 22508 6th St., Newhall, CA 91321.
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One of the most beloved and meaningful parks in our community is about to expand, offering some exciting new amenities to our residents.
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Circle of Hope Cancer Support Center will host the Seas the Day Afternoon Tea Saturday, Oct. 19 11 a.m. - 2 p.m. at Bella Vida in the Santa Clarita Valley Senior Center, 27180 Golden Valley Road, Santa Clarita, CA 91351.
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With one group of Mustangs cross-country athletes having already competed on Friday night, Sept. 20, at the Larry Young Classic in Columbia, Mo. (where the men and the women both won the team titles), a second group of The Master's University men's and women's cross-country teams raced against top competition at the UC Riverside Invitational on Saturday, Sept. 21, in Riverside, Calif.
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1876 - California oil industry born as CSO No. 4 in Pico Canyon becomes state's first commercially productive oil well [story]
Pico No. 4
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The Los Angeles County Department of Public Health cautions residents who are planning to visit the below Los Angeles County beaches to avoid swimming, surfing, and playing in ocean waters:
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The Valencia High School Marching Band & Color Guard is pleased to announce RAGNAROK, a Western Band Association SoCal Marching Band Clinic taking place on Oct. 5, at 2:30 p.m. in Santa Clarita.
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1970 - Lagasse family helps save Mentryville buildings as Newhall and Malibu brush fires erupt & join into worst fire in SoCal history. Twelve fires over 10 days burn 525,000 acres, kill 13 people and destroy approx. 1,500 structures. [story]
Clampitt fire
The Master's University men's soccer team tied Hope International University 0-0 in a tightly contested game played at Biola University in La Mirada, Calif. Saturday afternoon.
Mustangs Settle for 0-0 Draw Against Conference Rival
The inaugural All Valley Showcase, hosted by Saugus High School, took place on Saturday, Sept. 21.
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Henry Mayo Newhall Hospital’s Girl Talk series will feature a panel of four breast cancer survivors on Thursday, Oct. 3 at 5:30 p.m.
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Students looking to enroll in the College of the Canyons Fall 2024 semester—which started on Aug. 19— or take on an additional course before the semester ends can choose from nearly 400 short-term classes.
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SCVNews.com