Folly Beach votes to cap short-term rentals at 800 in closely watched election - Post and Courier
Summary
Folly Beach, SC, voted to cap short-term rentals at 800. This is a direct impact to hosts in that area, and potentially shows a trend of local regulations. Hosts should be aware of local regulations in their market.
Key Insights
- •Folly Beach voted to cap short-term rentals at 800.
Action Items
- ✓Check local regulations for any restrictions on the number of STRs permitted in your area.Effort: lowImpact: high
Common Mistakes
- ⚠Failing to comply with local regulations, such as rental caps, can lead to fines or the inability to operate as an STR.
More from Regulations & Compliance
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A 21-unit vacation rental in Dunedin, Florida, has been approved, signaling potential growth in the local short-term rental market. This approval could lead to increased accommodation options for tourists visiting the area. This news could also influence local regulations.
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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