LA, giant regulated market
Huge demand, 2028 Olympics ahead — but strict home-sharing rules since 2019.
The ordinance
Primary residence only (6+ months/year), mandatory registration, 120 days/year cap (extended permit possible), RSO units excluded, investment properties not eligible, ~14% TOT tax. Each county city has its own, often stricter rules.
Remaining opportunities
Compliant home-sharing ($150-400/night); 30+ day mid-term outside the ordinance ($2,500-6,000/month furnished) for film industry, travel nurses, snowbirds; 2028 Olympics demand ahead.
Book direct
The US leads the book-direct movement. A professional CapDirect mini site fits the trend — commission-free on high baskets.