Well, while the hardship filings are due soon (an adjustment to the rules was approved at the last City Council Meeting), looks like more of them are selling or converting the property to long term rentals before they are banned completely.
http://www.ocregister.com/articles/city-741555-term-short.html
>>The city is hitting short-term rental owners not following rules for being good neighbors with more fines and using its control of utilities to shut down owners operating illegally.
Since the City Council, in August, put stricter regulations on the city’s 346 permitted short-term rentals, the city has issued 116 citations for code violations. Sixteen cease-and desist-letters have been sent out to illegal operators.
Owners of the vacation properties say renting out their place to visitors is now like walking on egg shells.<<
I live across the street from one of the larger ones. Recently was bought for $1.7 million in 2014, which is the same time I bought my House for more than $1 million less, but it has raised by property value. (currently 20% more, but some of that is what we have done in improvements to the house (The new Kitchen is coming next month). I expect my property to go down a bit due to this new law, but that is fine with me. The guests they get are (sorry for the stereo type, but I do see the license plates and sport jerseys) large Mormon families from Utah. But we have had corporate parties on weeks like the NAMM show with entertainment.
So what does this mean to guests planning a visit to the Disneyland area, well, they can look at some other nearby cities (though more of them are looking to ban, including Laguna Beach), or take advantage of all the new (and some older) Hotels being built in the Extended Stay style with full kitchens and multiple rooms. Also they can try and rent a Commercial Time Share near the resort, such as WorldMark, Dolphin Cove and even the GCH Villas.
But as the article points out, Anaheim runs its own Public Utilities and can easily turn off the power and water after filing a couple of notices in a short time frame.
http://www.ocregister.com/articles/city-741555-term-short.html
>>The city is hitting short-term rental owners not following rules for being good neighbors with more fines and using its control of utilities to shut down owners operating illegally.
Since the City Council, in August, put stricter regulations on the city’s 346 permitted short-term rentals, the city has issued 116 citations for code violations. Sixteen cease-and desist-letters have been sent out to illegal operators.
Owners of the vacation properties say renting out their place to visitors is now like walking on egg shells.<<
I live across the street from one of the larger ones. Recently was bought for $1.7 million in 2014, which is the same time I bought my House for more than $1 million less, but it has raised by property value. (currently 20% more, but some of that is what we have done in improvements to the house (The new Kitchen is coming next month). I expect my property to go down a bit due to this new law, but that is fine with me. The guests they get are (sorry for the stereo type, but I do see the license plates and sport jerseys) large Mormon families from Utah. But we have had corporate parties on weeks like the NAMM show with entertainment.
So what does this mean to guests planning a visit to the Disneyland area, well, they can look at some other nearby cities (though more of them are looking to ban, including Laguna Beach), or take advantage of all the new (and some older) Hotels being built in the Extended Stay style with full kitchens and multiple rooms. Also they can try and rent a Commercial Time Share near the resort, such as WorldMark, Dolphin Cove and even the GCH Villas.
But as the article points out, Anaheim runs its own Public Utilities and can easily turn off the power and water after filing a couple of notices in a short time frame.