why? politicians and their allies successfully portrayed the home sharing industry as the reason for rising rents when in fact it has long been because politicians and those using their connections which have been the cause. oh they hide it well but the idea is to keep their investments up and keep "those" people out. Those people being any group which they don't want to see where they live.
If you got this far, good for you. Are there bad actors in the home sharing space. Yes, however you target them more directly but the restriction of requiring owners to be on site during the rental period severely limits the rights of the good ones.
so yes there is some regulation needed but if it does not protect the little guy, and they weren't in this as they got rolled in with the rest, then it harms us all as whole.
rents won't go down until more units are built and they won't be built for the same reasons they were not being built before home sharing industries showed up at the door.