Since Airbnb’s launch back in 2008, the short-term home-sharing model has flipped the hospitality industry on its head. Travel industry experts estimated that the global short-term rental market would reach a market valuation of $169 billion through 2018.
City after city, restrictions on short-term rentals have popped up across the country. These laws are very local in nature and vary from state to state, even town to town.
In New York City, it has some of the strictest short-term rental laws, you can’t rent out an entire apartment and hosts must be present. You can’t advertise an apartment. And only allowed up to two paying guests
In San Francisco you must register as a business and as a short-term rental.
In Los Angeles you bust obtain licenses.