The city could have collected up to about $300 million in fines last year due to violations. But it levied less than $40,000 in fines over a similar time period, according to the new report.
, did not respond to questions from LAist related to the report’s findings. But a department spokesperson said the number of listings in L.A. has been in steep decline since the city began enforcing the law in late 2019.
The study compared Airbnb and Vrbo listings against a database of valid registration numbers provided by the city. It found many listings were posting invalid or expired registration numbers. Wachsmuth said based on his estimates of illegal activity on Airbnb and Vrbo, the city could have collected as much as $302.2 million in fines last year. However, his study found that the city collected a tiny fraction of that figure, levying just $36,500 in fines between November 2021 and August 2022.
Airbnb entered into an agreement with the city back in 2019 designed to promote compliance with local regulations and streamline enforcement, allowing the city to flag listings for removal. The new McGill study finds that today, fewer homes are being removed from L.A.’s long-term housing market compared with estimates from 2019. Back then, Wachsmuth estimates that 6,510 housing units were being operated as dedicated short-term rental properties — meaning L.A. residents could no longer use them as long-term homes. Wachsmuth estimates that number has now dropped to 2,500 homes that aren’t accessible to long-term renters.
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