The Pismo Beach council and planning commission will work on an ordinance tomorrow to restrict where vacation rentals are allowed. While vacation rentals are currently only allowed in the downtown area, people (including vacation rental businesses) have been ignoring this for years and renting out homes in Shell Beach and other areas.
From my experience, not many Realtors even knew there was a restriction. When the market was hot, they would advertise vacation rental potentials no matter where they were located. I wonder if this will come back to bite them if the city ends up enforcing this and people that purchased a home to be a vacation rental loses all future income.