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The Senate Finance and Governance Committee today rejected Senate Bill 1319 on a party-line vote by Senator Patricia Bates (R-Laguna Niguel) that would have corrected an outdated interpretation of property “change of ownership” that has been part of the long running debate around commercial property and Proposition 13 (the 1978 …continue reading

Researchers from the Tepper School of Business at Carnegie Mellon University published new research in the INFORMS journal Marketing Science which sheds new light on the impact Airbnb and similar “sharing economy” companies are having on the hospitality industry. The findings suggest that in some cases, the presence of Airbnb …continue reading