VIDEO. City of Half Moon Bay’s Debbie Ruddock makes some pretty horrifying predictions about non-owner occupied Short Term Rentals that are owner by absentee LLC investors.
Council person Debbie Ruddock warns that corporations are a threat to our housing stock. And that the Census Bureau says 3 million and 13 million apartment units are own by LLCs, LLPs, LPs or shell companies (mostly anonymous). Armageddon?
A KQED presentation.