An LA Curbed article is probably the most comprehensive article written about the influence of this new market. It points out the magnitude and growth of AirBnB and compares Los Angeles with New York and San Francisco. And Venice tops the list.
Venice tops the list for most Airbnb Short-Term Rentals. Venice is where they are making their money. We are, as the article said, being hit hard!
http://la.curbed.com/2015/3/11/9981836/airbnb-neighborhoods-los-angeles
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