New study shows the need for regulation of the vacation rental by owner properties - Eye On Annapolis
Summary
A new study highlights the need for regulating vacation rental properties. The research indicates potential issues arising from the unregulated nature of this market, impacting both homeowners and the broader community. The significance of this study lies in its potential influence on future legislation and the overall management of the STR industry.
Key Insights
- •The study demonstrates a need for increased regulation of vacation rental properties.
Action Items
- ✓Stay informed about the potential for changes in local regulations that may impact your STR business.Effort: lowImpact: medium
Common Mistakes
- ⚠Failure to comply with future regulations could lead to fines or other penalties.
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