Voice of the California Home Sharing Economy
Economic Impact
Contributions to the state’s GDP
$13.42B+
132.6K+
Jobs supported through STR
$3.91B+
Occupancy tax revenue
Policy Priorities*
Policy Priorities*
Tax Parity & Local Economy
Home sharing and short-term rentals are powerful contributors to California’s economic vitality. Beyond creating lodging options, they drive spending that supports jobs and small businesses in neighborhoods across the state. Guests staying residential short-term rentals should pay the same occupancy tax rate than those staying in traditional accommodations such as hotels & motels. Occupancy taxes are a critical source of revenue supporting infrastructure, environmental preservation, and other community benefits.
Coastal Access
Vacation rentals long predate online rental platforms. Emergence of these platforms made home rentals more convenient & accessible. Short-term rentals expand tourism by providing alternative & affordable access to California’s coastline.
Housing Affordability
A robust housing supply remains a fundamental element in any community development strategy that aims to facilitate social mobility and equity. Home sharing helps individual owners afford to live & own property in the golden state. Housing policies should encourage development and promote short-term rentals as a means to help residents own & maintain their property.
Property Rights
We champion the rights of property owners to use and benefit from their own property in ways that support their livelihood and lifestyle — including responsible renting. Strong property rights form the foundation of a fair and flexible housing market, empowering individuals and families to maintain ownership, generate income, and contribute positively to local communities.