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If you\u2019ve ever wondered how local regulations might impact your Airbnb rental plans, you might get a few insights from a tourist destination in Southern California. Palm Springs and eight other nearby cities have been an attractive market for Airbnb investors, especially during the pandemic. But the backlash against short-term rentals has led to strict regulations, investor losses and a depressed housing market in many of those high-demand neighborhoods.\xa0 \xa0 Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review. \xa0 Airbnb rentals have become controversial in many U.S. cities as local officials grapple with a housing shortage for residents. But for some investors, curbing short-term rentals in a vacation hot-spot like the Coachella Valley didn\u2019t seem like much of a threat. Until it was... \xa0 ...That\u2019s it for this episode. You can read more about this by following a link to the article in the show notes at newsforinvestors.com. I also encourage you to sign up as a RealWealth member for more information on how to wisely invest in real estate. It\u2019s free to join and access all the resources we have online. That include sample properties in more than a dozen U.S. markets and a free session with one of our investment counselors. Also, please remember to subscribe to this podcast, and leave a review! \xa0 Thanks for listening! Kathy Fettke \xa0 Links: \xa0 1 - https://therealdeal.com/la/2024/01/25/palm-springs-home-market-choked-by-airbnb-rules/ \xa0 2 - https://www.latimes.com/california/story/2024-01-23/palm-springs-capped-airbnb-rentals-now-some-home-prices-are-in-free-fall#:~:text=Palm%20Springs%2C%20a%20city%20dependent,20%25%20of%20the%20homes%20there.