There are an estimated 9,000 houses, condos and apartments being and another estimated 2,500 ‘spare bedrooms’ being rented out as short vacation rentals in San Diego.
Roughly half of the rentals in San Diego are in the Mission and Pacific Beach, downtown, La Jolla and Uptown areas.
The reports of the above information is according to a report released by Host Compliance, a San Francisco-based data analytics and consulting firm that works with cities across the country.
It has been almost three years now, and the San Diego City Council still can not agree on whether or not to allow the short term vacation rentals.
In December last year, the City Council met again and still couldn’t secure the five affirmative votes necessary to stop the short term vacation rentals.
Even if the San Diego City council approves the ban, it can not be enforced in the beach communities until it is approved by the the California Coastal Commission.
In other news about short term rentals, Apartment Investment & Management Company’s(Amico) lawsuit against the much talked about AirBnB, was recently dismissed by a California Judge.
Aimco sued AirBnB, which owns or manages about 50,000 properties, saying that the company is deliberately incentivizing renters to breach their leases.
Aimco’s challenge with Airbnb is that it is bringing people with “unvetted personal histories” with “no vested interest in maintaining a peaceful community atmosphere” inside their buildings. This is the same argument that local San Diego owners have who are against the short term vacation rentals.
What do you think about short term vacation rentals? I would love to hear from you!
‘He has been there anytime I needed him and I know if I need him again he would be there too. Brad gave 100% from the first time he called me till the sale was done.’
‘We really felt like Brad was on our side throughout the transaction and knew how to navigate the process calmly and effectively’
-Curt and Kim C
‘If you are skeptical on a realtor look no further. You will get what you want and when you want it with Brad. His knowledge on this market is second to none. The most unusual thing about this transaction is his exceptional follow up thru out the entire process, and even after we’ve moved in and got settled. He is one of a kind in this market and this profession’
-Scott & Allison T.
‘Thanks to Brad Brinkman and his team we now have a beautiful new home and a great investment into our future.’
-Ryan & Amanda F.
‘He found my house for me when others could not, in a location that I thought would be impossible. His aggressiveness has given me the opportunity to live in a fantastic place.’
-Trace H., Pilot Hawaiian Airlines., U.S. Navy Pilot
‘You made it easy for us to make this move into our new home because you took on all the worries, handling our transaction with skill and expertise. Specifically we were impressed with your approach to business, treating each and every customer as you treated us; as though we were your most important clients’
‘He made each transaction very smooth and it was great peace of mind knowing I could count on him.’