Locals who live near national parks, like Joshua Tree, are seeing more and more housing stock become lucrative short-term rentals.
Where once the company fought regulations, now its pre-empting them with its own policies designed to curb bad behavior by renters.
A market for people who are seeking select properties, and who are willing to pay the price. Concierge and helicopter service, anyone?
Some critics say popularity of Airbnb and other short-term rentals is discouraging investment in affordable housing.