Airbnb, which has seen its lucrative NYC rental market nearly wiped out by tough new short-term rental registration requirements, now faces a new permitting process in Los Angeles.
The City Council has unanimously approved a new law requiring short-term rental hosts on platforms including Airbnb to obtain a police permit, according to a report in the Los Angeles Times.
Council President Paul Krekorian, who supports the permits, said the permitting process will help the city get rid of party houses and similar arrangements that are magnets for crime.
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