Bring A Snack: Overnight Rental Fight On Monday Night

Written by on July 6, 2018

And one of the biggest issues to face the Malibu City Council will have a public hearing on Monday night.

The city will be taking testimony … and enacting an ordinance … about the overnight rentals … so called B and B’s.

Virtually every attractive city in the state has grappled with the issue … and most have already adopted tight restrictions on the new industry.

Like all coastal cities … Malibu has proved to be very attractive to air B&B … VRBO … Home Away and other overnight rental brokerages.

But unlike other coastal cities … Malibu has been very hands off on regulating them … infuriating neighbors who have found their environment transformed into short-term hotels.

But overnight rentals have been a fact of life in Malibu forever … and many residents Count on the income to cover their mortgage.

The largest company … air B and B … has been meeting with Malibu residents who operate rentals helping them to make a game plan to fight tight restrictions.

Another loose group … led by a Malibu resident named Michael Lustig … has been gathering information and demanding strict laws.

City Hall took in $1.8 million in tax revenue from short-term residential rentals last year … but dozens of overnight rentals are flying under the radar and not paying the tax.

The meeting will be Monday night at City Hall … and KBUU news will be live tweeting what happens… with live coverage on both Facebook and Twitter.

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The city council on Monday will also finalize mortgage papers for the purchase a vacant commercial land at the Civic Center and Point Dume.


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