Insight
The new ordinance in Norton Shores mandates a $2,000 annual fee for short-term rental operators.
Norton Shores approves short-term rental ordinance with $2K annual fee
Summary
Norton Shores, Michigan, has approved a new ordinance for short-term rentals, requiring an annual fee of $2,000. This regulation aims to manage the growing STR market within the city. Hosts operating in Norton Shores will need to factor this significant cost into their business plans, impacting profitability.
Key takeaway