Laura Bly at USA Today has a story today about the trend toward banning short-term rentals of apartments, condos and houses in vacation areas.
Arthur Frommer has also been following this issue very closely on his blog.
New York, Chicago and Maui are restricting short-term rentals and many other local governments are considering similar measures. Ostensibly, the idea is to protect neighborhoods and their residents.
Of course, these measures also protect hotels. And they hurt middle-class families that can’t afford exorbitant rates for multiple hotel rooms in popular vacation areas.