Commission requires revisiting the new rules in seven years.
, the commission’s staff recommended the review because the overhaul of short-term rental rules posed a “risk of substantial adverse impacts on coastal access” so it would be prudent to re-evaluate the changes after seven years.
Under the new framework, whole-home rentals will be capped at 1 percent of the city’s more than 540,000 housing units, which amounts to about 5,400. The new regulations allow for only one license for individuals renting their entire residence for more than 20 days per year. But an unlimited number of licenses will be allowed for vacation rentals of less than 20 days a year or for home-sharing in which a host rents out a room or two.
Coastal commissioners spent nearly an hour hearing from 24 residents who called in during the public comment period.
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