Insight
The proposed ordinance in Ocean City, Maryland, would limit short-term rentals to 10% of properties within residential neighborhoods.
Ocean City ordinance would set 10 percent cap on short-term rentals in neighborhoods
Summary
Ocean City, Maryland, is considering a new ordinance that would limit the number of short-term rentals (STRs) in residential neighborhoods. The proposed cap is set at 10 percent of the total properties. This regulation aims to manage the impact of STRs on housing and community dynamics.
Key takeaway