Source: LA Times

The Los Angeles City Council unanimously voted Tuesday to impose new rules on renting out rooms and homes for short stays, regulating a phenomenon popularized by the rise of online platforms such as Airbnb.

The law, which goes into effect in July, allows Angelenos to host such rentals only in their "primary residence," not a second home or investment property.

The vote came more than 3½ years after Councilman Mike Bonin and Council President Herb Wesson first laid out a proposal to regulate short-term rentals, arguing that the city needed to prevent homes from being operated like hotels.

Read the full article at Los Angeles Times