Why is Coronado not enforcing short-term vacation rental ban while leaving millions on the table? - Coronado Times Newspaper
Summary
This article discusses the lack of enforcement of a short-term vacation rental ban in Coronado, potentially leaving millions in revenue unclaimed. It highlights a regulatory gap and implies a missed opportunity for the city to generate income. This situation underscores the importance of local regulation and the potential financial impact of non-compliance.
Key Insights
- •The article implies that not enforcing the ban results in "millions on the table" demonstrating the potential revenue lost.
Action Items
- ✓Hosts should stay informed on local STR regulations to understand the impact of enforcement or lack thereof within their own location.Effort: lowImpact: medium
Common Mistakes
- ⚠Failing to comply with or being unaware of local regulations and enforcement policies could lead to loss of revenue for hosts.
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