This book describes the critical issues facing the public in view of the rapid growth and economic impact of the sharing economy, which has resulted in internet firms, such as Airbnb and HomeAway, to rapidly become larger than major hotel chains, with company value measured in multiple billions of dollars.

Foreword ix
Discussion
1. Discussion of Fifth Amendment Taking 1
2. Discussion of Low Income Housing, Traditional Hotels 31
3. Discussion of Economic Damages 37
4. Calculation of Economic Damages 45
5. Discussion of the Required Yield 53
6. Calculation of the Required Yield 67
7. Ethics 71
Exhibits
A. Economic Factors, House Prices, Inflation, Mortgage Rates 87
B. The Santa Monica Ordinance, Short Term Rentals, 2015 95
C. California Senate Bill 593, April 6, 2015 107
D. Rental Revenue, Airbnb hosts, Los Angeles County, 2015 117
References 127
Qualifications of the Author 135