Insight
The council is reviewing potential caps on the number of STR licenses.
Council reviews cap, phasing out, and freeze for short-term rental licenses
Summary
Local councils are reviewing potential changes to short-term rental licenses, including caps, phase-outs, and freezes. This could significantly impact the availability and operation of STRs in the area. Hosts should stay informed and prepared for potential new regulations that may affect their business.
Key takeaway