Group fears new rules could wipe out 85% of Detroit Airbnbs, home rentals - Detroit Free Press
Summary
A group in Detroit fears new regulations could potentially eliminate a large percentage of local short-term rentals. Hosts in Detroit should stay informed about potential rule changes and understand how they might affect their ability to operate.
Key Insights
- •A group fears new rules could wipe out 85% of Detroit Airbnbs and home rentals.
Action Items
- ✓Hosts should monitor local news and government websites for updates on short-term rental regulations in Detroit.Effort: lowImpact: high
Common Mistakes
- ⚠Failing to comply with new regulations could result in being unable to operate your short-term rental in Detroit.
More from Regulations & Compliance
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St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
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